UK Government Must Do More To Boost Hydrogen Investment

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

According to a regulation executive, the UK government must send 'clear signals' to clean energy investors that the UK is ready for business, or risk failing to meet its hydrogen ambitions.

The government must send “clear signals” to clean energy investors that the UK is ready for business, or risk failing to meet its hydrogen ambitions. Sarah Williams, director of regulation at Wales and West Utilities, told City A.M. that domestic renewables producers would be tempted by rival markets such as the US and EU – which are offering more tempting subsidy packages than the UK.

Energy Source Generation levels Target level Target date Wind – offshore 15GW 50GW 2030 Solar 17GW 70GW 2035 Nuclear 7GW 24GW 2050 Hydrogen <1GW 10GW 2030 The government’s energy security strategy targets include a robust role for hydrogen Source Gov.uk “Active policy and very well targeted spending – similar to what’s happened in wind – that type of messaging is really important to give the right direction,” she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mega Merger And Revenue Boost Exxon Wants To Rule The Shale PatchA merger with Pioneer would be Exxon's largest M&A deal since its purchase of Mobil in 1999 and the second in recent months after it agreed in July to buyDenbury Resources
Source: OilandEnergy - 🏆 34. / 68 Read more »