UK Chancellor Rachel Reeves has confirmed £2bn ($2.6bn) of funding for 11 green hydrogen projects totalling 125MW of capacity.
Previously selected for funding under the Conservatives, Reeves, in the first Labour budget for 14 years – delivered by the female Chancellor – confirmed that the revenue support will be carried out.
“Today, I am providing funding for 11 new green hydrogen projects across England, Scotland and Wales,” Reeves said. “They will be amongst the first commercial-scale projects anywhere in the world.”
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