Log In | Sign Up

ESG Investing: Sustainability News, Events & Awards

Main Menu

  • Home
  • News
  • Reports
    • Publish a Report
  • Training
  • Events
    • ESG & Defence
    • ESG Expo
  • Awards
    • Investing Awards
    • Carbon Awards
  • Contact

UK launches hydrogen energy strategy

ESG Investing Tuesday 17 August 2021 09:22 GMT

The UK government has launched a strategy to begin the replacement of natural gas use with hydrogen.

The government is aiming to generate 5 gigawatts of low-carbon hydrogen production by 2030 to replace natural gas in three million homes and in industry and transport. The target includes the production of green and blue hydrogen with a consultation planned on support for hydrogen projects similar to its contracts-for-difference scheme for investment in renewable energy.

The government says it will also review support for network and storage infrastructure and look at the feasibility of mixing 20% hydrogen into the existing gas supply. It will also consult on the design of a 240 million pound net zero hydrogen fund to support the commercial development of low-carbon hydrogen plants. Government analysis suggests 20-35% of the UK’s energy consumption by 2050 could be hydrogen-based.

Categories

Infrastructure

Biodiversity

Carbon

Climate

Companies

Data

ESG Research

Funds

Sustainability & Climate Reports

Vendors

About ESG Investing

ESG Investing is the leading global media platform publishing news and features on ESG and sustainable investing for fund managers, institutional investors and listed companies. ESG Investing is a division of Global Markets Media Ltd.

Get in Touch

ESG Investing, Global Markets Media T: +44 (0)1483 573150
E:[email protected]
A:
ESG Investing
Global Markets Media Ltd
96 High Street
Guildford
GU1 3HE, UK
Copyright © 2025 Global Markets Media

Footer Menu

  • Cookies
  • Disclaimer
Design by Web Design London
7ads6x98y
This website uses cookies to store information on your computer. See our cookie policy for details on how to block cookies.
I am happy to proceed