UK Hydrogen: Update on the Business Model for Low Carbon Hydrogen Production
2023 promises to be a significant year for low carbon hydrogen production in the UK with the first contracts supporting green and blue hydrogen production expected to be entered into from H2 2023. As a result, hydrogen producers, their investors and lenders will be examining the UK Government’s latest update to the hydrogen production business model with interest. In this podcast we discuss some of the key issues on which industry is engaging with government. These include which end uses will be eligible for support under the business model, how volume risk is managed, and how CO2 network cross-chain risks are proposed to be mitigated.