Scotland announces funds for hydrogen projects

September 19, 2024 |

In Scotland, the Scottish government said that local businesses will be able to bid for a share of up to $9.2 million of government funding to help kick start green hydrogen projects across Scotland. The funding will help cover the development stage costs of green hydrogen production projects with production capacity of between 5-400 megawatts. The government noted that support will also be available for work supporting the hydrogen supply chain and storage solutions, and will play an important role in helping the industry scale up as it responds to market demand. Organizations have until the end of the month to apply for a maximum of $2.63 million of match-funding from the scheme which has been co-developed with Scottish Enterprise, who will facilitate and manage the fund. It complements a total of almost $9.2 million from the Scottish Government’s Hydrogen Innovation Scheme, which has supported 31 projects across the country since 2023. Acting Minister for Climate Action Alasdair Allan said: “Our energy sector, and the development of green hydrogen in particular, will play a crucial role in growing Scotland’s economy and delivering on our net zero targets. “This funding – which will help support the development of green hydrogen projects and hydrogen hubs across the country, will, in time, help unlock opportunities in hydrogen for use and export and to power the clean energy intensive industries of the future,” the official added.

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Category: Hydrogen

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