Thursday, November 21, 2024
HydrogenLatestNews

Businesses join together on green hydrogen

A new business group called the Green Hydrogen Alliance (GHA) has been set-up to represent leading firms involved in the supply and use of green hydrogen.

The GHA aims to help ensure the UK remains globally competitive in the development and deployment of hydrogen, bringing together businesses across the entire hydrogen supply chain, including Airbus, Air Products, Associated British Ports, London City Airport, Tata Steel, World Kinect; as well as an advisory board including Cranfield University and the Thames Estuary Growth Board.

The purpose of the group is to highlight the potential opportunities that exist in the application of green hydrogen to some of the UK’s leading industries, from aviation and road haulage to industrial usage and the decarbonisation of power. It will also detail what can be done to accelerate the commercial viability of green hydrogen technologies. 

The Alliance welcomes the Government’s ambitious targets for green hydrogen and states the positive opportunities that can be taken in the policy and regulatory environment to go further. Accelerating policy will help ensure that the UK does not fall behind overseas competitors such as Germany and the Netherlands, who have set out strategies to drive a more rapid development towards their own green hydrogen economies, it said.

As well as looking in-depth at the commercial viability of green hydrogen, the GHA will analyse the economic impact the development of green hydrogen uses could have on specific areas of the country.

The GHA will undertake new analysis assessing where the barriers are to the UK becoming a leader in the technology. Although apolitical, it will work with government and all political parties and groups to understand the opportunities of green hydrogen, it said.

A spokesperson for the Green Hydrogen Alliance said: “We welcome the Government’s ambitious target of 5GW of electrolytic hydrogen production by 2030, but we must move further and faster on policy if we are to unlock the benefits green hydrogen will bring.” 

“Green hydrogen could provide a secure supply of green energy while also helping the UK in its efforts to decarbonise. We look forward to working with policymakers to ensure the country can fulfil its potential in this exciting developing technology.”

Image courtesy of Shutterstock

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