An industry-commissioned study has said kick-starting the UK’s green hydrogen market could offer £11bn ($13.3bn) of economic benefit while saving more than 1.7 million tonnes of carbon dioxide (CO2) emissions per year.
The report from the Green Hydrogen Alliance (GHA) – made up of the likes of Airbus, Air Products and Associated British Ports (ABP) – said three port areas could act as hubs to onshore hydrogen production.
Modelled in the Humber, Thames Estuary and South West, the Alliance says over 1.7 million tonnes of CO2 emissions could be cut, while each area would gain an average of £480m ($582m) from hosting green hydrogen production facilities.
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