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Scotland announces over £100mn to advance cleaner energy
A five-year plan to help build Scotland’s hydrogen economy and deliver an ambition for the technology to provide nearly a sixth of Scotland’s energy needs by 2030 has been unveiled at COP26.
Backed by more than £100mn of funding, the draft Hydrogen Action Plan outlines how Scotland aims to meet a target of 25 GW of green and blue hydrogen production by 2045.
The first tranche of investment will be a £10mn Hydrogen Innovation Fund, to be launched next year to drive technological progress and advance innovation and cost reduction within the emerging sector.
Separately, the Scottish government’s Energy Transition Fund is being expanded to up to £75mn to deliver £15mn of investment in an Aberdeen Hydrogen Hub which will develop on-the-ground infrastructure to support the growth of a hydrogen transport fleet and the deployment of new applications across north-east Scotland.
The consultation on the draft Hydrogen Action Plan will run until 19 January 2022.
