Scottish Government launches £62m Energy Transition Fund

The Scottish Government has today announced a £62m Energy Transition Fund support package to help deliver a net zero future – and the plans include a pledge to fund a hydrogen hub in Aberdeen.

Set up to help the energy sector recover from the dual economic impacts of Covid-19 and the oil and gas price crash, the investment, with a focus on the North East, underpins the region’s ambitions to become a world leader in the transition to net zero.

Major projects to be considered for funding include a global underwater hub, net zero solution centre projects, a hydrogen hub, the Acorn project and an energy transition zone.

The fund will position the North East of Scotland as a hydrogen model region, contributing early funding to projects including: Acorn CCS & Acorn Hydrogen; Aberdeen Vision; and the Aberdeen Hydrogen Hub.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...