Cummins cuts ribbon on 500MW H2 electrolyser factory in Spain
4 October 2024Winners of first H2 bank auction sign grant agreements
8 October 2024The UK’s Net-Zero Technology Centre (NZTC) will allocate £500,000 to three innovative projects developing electrolysers this year, as part of efforts for the nation to lead in the global green hydrogen market.
At least 5GW of ‘green’ hydrogen production capacity should come online in the UK by 2030, if existing UK Government targets are met. Green hydrogen production involves running water through an electrolyser to separate the hydrogen molecules, in processes powered by renewable electricity.
The NZTC has today (3 October) announced the recipients of funding to develop next-generation electrolysers, as part of a competition intended to help scale the domestic supply chain and establish a strong export market.
Out of 36 applications, three were successful: Clyde Hydrogen Systems, Aqsorption and Latent Drive.
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