The UK’s Contracts for Difference (CfD) funding model is unfit for a nascent hydrogen market and risks missed opportunities, the Hydrogen UK Annual Conference has heard, with further concerns that policy gaps could derail the country’s 2030 10GW target.
Denis Thomas – the company’s Global Marketing Director for electrolysers – told the event that the US electrolyser maker sees the UK as an “attractive market.”
He praised the country’s low-carbon hydrogen standard (LCHS), which has managed to avoid similar concerns to strict additionality, hourly matching and grid correlation criteria set out in the EU and US.
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