Capital Investment
The question
To ask the Chancellor of the Exchequer, with reference to paragraph 3.52 of the Autumn Budget 2024, what the aggregate capital cost before subsidy is of the 11 projects.
Answered by Darren Jones
Approximately £413 million of capital will be invested in these projects, across the UK, between 2024-2026, in addition to over £90m of grant funding from the Net Zero Hydrogen Fund. This information is available on gov.uk via the following link:
The LCCC register includes details of every project which has signed a Low Carbon Hydrogen Agreement and can be found here: https://register.lowcarboncontracts.uk/?allocation_round=%7B%22operator%22%3A%22is%22%2C%22value%22%3A%22Hydrogen+Allocation+Round+1%22%7D
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