Hydrogen
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential impact of the target for 10GW of hydrogen production capacity on energy bills by 2030.
Answered by Sarah Jones
The Government believes that the only way to guarantee our energy security and protect billpayers permanently is to speed up the transition away from fossil fuels and towards homegrown clean energy. Low carbon hydrogen is a key option for decarbonising hard to electrify industrial processes, heavy transport, and deliver clean power. Government support is a temporary bridge to unlock private investment and reduce costs, with all supported projects having to deliver value for money. As production scales and costs fall, future projects will need less support. Our Hydrogen Strategy, which we intend to publish this Autumn, will set out more on expected hydrogen supply and demand.
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