UK gov. misses self-imposed target to finalise £2bn green hydrogen contracts
Five green hydrogen projects selected for funding under a £2bn ($2.7bn) UK subsidy scheme have yet to sign contracts, missing a self-imposed government target to finalise negotiations by the end of May, H2 View can reveal.
Just six of the 11 projects selected for funding through the first Hydrogen Allocation Round (HAR1) have signed funding agreements with the Low Carbon Contracts Company (LCCC), owned by the energy department.
LCCC’s dashboard shows that since the first three projects signed low-carbon hydrogen agreements last December, only three more have followed suit.
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