More than 60 UK MPs and Peers have thrown their weight behind a strategy that aims to drive hydrogen to the top of the government’s Green Recovery agenda.
The Hydrogen Strategy Now is gathering pace with leading businesses at the vanguard of a green recovery already vowing to invest £1.5bn in UK hydrogen technologies.
The cross-industry group employs around 100,000 people and has a value of £100bn in the UK.
Launched in June this year, the campaign has quickly attracted cross-party support, believing the UK has the potential to become a global leader in low-carbon hydrogen technology.
Baroness Brown, Vice Chair of the Committee on Climate Change, and former Secretary of State for Transport Chris Grayling added their weight to the group, along with a large number of the 2019 Conservative intake.
Campaign leaders have secured a debate in the House of Lords on 17th September on the UK’s need for a clear hydrogen strategy, as well as receiving a ringing endorsement from Prime Minister Boris Johnson that the UK will “massively invest in hydrogen”.
Over the summer, top cabinet members including Chancellor Rishi Sunak, Michael Gove, Duchy of Lancaster, Welsh Secretary Simon Hart and Northern Ireland Secretary Brandon Lewis have all visited sites of UK-made hydrogen technology, indicating that the government is getting ready to make a major move into this policy area.
Parliamentarians and industry are calling on the government to move fast to realise this opportunity and achieve the maximum economic benefit.
“The hydrogen economy is set to be worth $2.5 trillion and create 30 million jobs globally by 2050,” said Baroness Brown.
“The UK has the natural resources, skilled workforce and innovative businesses required to become a global leader in this hydrogen industry.”
“With other nations investing billions to develop their domestic markets, the UK must act now.”
“The Prime Minister has committed to ‘invest massively in hydrogen’, we need to show that this is happening before the eyes of the world are on the UK at COP26 – or we’ll risk missing out.”