Renewable energy firms Octopus Energy and RES have formed a new partnership with the aim of investing billions in green hydrogen.
The demolition of the chimney stacks at SSE’s Ferrybridge power station on 21 August was a powerful symbol of the progress the UK has made in weaning itself off emitting carbon dioxide. Less than a decade ago, more than 40% of the UK’s electricity was produced from coal-fired power stations like Ferrybridge. Today the figure is more like 2%. And the UK government is committed to getting rid of the last vestiges of coal by 2025.
This is what Energy & Climate Change Minister Anne-Marie Trevelyan had to say about the recent hydrogen strategy:
On 17 August 2021, the United Kingdom Government Department for Business, Energy & Industrial Strategy (BEIS) launched its hydrogen strategy – a plan for a world-leading hydrogen economy set to support over 9,000 UK jobs and unlock £4 billion investment by 2030.
Bosses from all corners of the energy sector have shared their thoughts on the UK Government’s flagship Hydrogen Policy.
We welcome the UK Government’s hydrogen strategy today, it’s a clear sign of the UK’s ambition to be a hydrogen leader and commitment to support a new green sector that will create jobs across the UK.
The UK Government has pledged to support the advancement of both green and blue hydrogen as part of plans to create a “thriving” low carbon sector.