Fuel Cells and Hydrogen: Manufacturing Industries
The question
To ask the Secretary of State for Business and Trade, whether he has had discussions with industry stakeholders on growing UK-based manufacturing of hydrogen and fuel cell equipment by 2030.
Answered by Chris McDonald
The Government announced a public finance offer for clean energy industries to crowd private investment into sustainable UK supply chains. This includes: a £1bn Clean Energy supply chain fund; £5.8bn for the National Wealth Fund to invest across this Parliament in clean industries including low-carbon hydrogen; and a £4bn British Business Bank Industrial Strategy Growth Capital scale up and start up financing package.
My officials in the UK and overseas are working closely with UK-based companies to showcase the UK's leading capabilities and unlock opportunities across the hydrogen value chain both at home and overseas. I look forward to working with the industry on these shared ambitions.
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