Hydrogen: Business
The question
To ask the Secretary of State for Energy Security and Net Zero, when he plans to publish his Department's hydrogen to power business model.
Answered by Sarah Jones
In December 2024, the Government committed to implementing a Hydrogen to Power Business Model (H2PBM) to de-risk Hydrogen to Power investment by mitigating deployment barriers.
Later this year, we will publish a H2PBM market engagement exercise outlining further design details for the H2PBM, including our minded to positions on eligibility and assessment criteria and proposed next steps for allocating support through the business model.
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