Hydrogen: Exports
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to support the hydrogen technology manufacturing sector to export (a) goods and (b) services.
Answered by Chris McDonald
As a frontier Industrial Strategy sector, the government has committed targeted support to boost exports of hydrogen sector goods and services by showcasing UK capabilities through our global network, providing greater access to international supply chains and - as outlined in the Trade Strategy - by expanding clean energy sector agreements, like the UK-Germany Hydrogen Partnership.
To support these opportunities, the UK's export credit agency, UK Export Finance aims to deliver £10bn in clean growth financing by 2029, alongside options to support overseas sales, including loan guarantees for foreign buyers, and working capital, insurance and bond support products to assist UK suppliers.
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