Member

So, how will the amendments that I have put forward support the UK hydrogen industry? First, they give confidence. They will secure investment, because a narrow definition of clean energy will limit investment in sustainable energy resources, slowing the growth of green industries such as hydrogen. And hydrogen presents the UK with a massive opportunity for economic growth, due to its natural geological and geographical advantages, supply-chain support and existing industrial skill set. A clear definition of clean energy will allow GB Energy to build confidence and bring in investment. This will create jobs. Hydrogen UK’s most recent economic impact assessment estimates that the hydrogen sector in the UK could support approximately 30,000 direct jobs by 2030, but that will happen only if CCUS- enabled hydrogen projects reach FID.