Many of the references to hydrogen within the budget reconfirm that the UK is prepared to support the hydrogen ecosystem and will invest to ensure that a thriving value chain is created in the region.

This came in the form of pledging funds towards the Net Zero Hydrogen Fund, the Industrial Decarbonisation and Hydrogen Revenue Support scheme, and the Holyhead Hydrogen Hub.

As well as this, the UK Government also outlined £1m ($1.38m), subject to a business case, to support the delivery of an Extreme E race in Scotland.

With the budget presented in parliament this week, many of the opposition voiced concerns about the level of investment being made in hydrogen.

Rachel Reeves, Shadow Chancellor of Labour, said, “Industries like steel and hydrogen are in a global race, but without the support they need.”

Reeves also suggested that a Labour government, “Would deliver a climate investment pledge of £28bn ($38.5bn) every year for the rest of this decade: gigafactories to build batteries for electric vehicles; a thriving hydrogen industry creating jobs in all parts of our country.”

Clearly hydrogen is becoming a hot topic with UK politics with both parties voicing commitments to develop a thriving ecosystem.

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