Hydrogen is set to play a critical role in enabling the UK economy to achieve net zero carbon. As well as providing a low carbon energy source for difficult to decarbonise sectors, such as heavy transport, aviation and various industrial processes, hydrogen could also play an important role in system balancing as a multi-vector fuel, using very low-cost electricity during times of over-supply to convert, store and transport renewable energy for many applications.
Over the coming months Regen will be looking into the development of the global hydrogen market, specifically the government policies needed to make hydrogen-based energy solutions competitive, the strategy needed to provide investment in production and distribution infrastructure, and the wider role that hydrogen can play within a low carbon energy system.