In a new move to progress net zero, the Scottish Government is making £7m of funding available for businesses to kickstart green hydrogen projects across Scotland.
The funding is intended to help cover the developmental costs of green hydrogen production schemes – specifically for projects with production capacity between 5-400 megawatts, which is enough hydrogen to heat 200-16,000+ homes. Work surrounding the hydrogen supply chain and its storage will also be supported.
The investment is part of the Hydrogen Innovation Scheme, which is part of the wider Emerging Energy Technologies Fund.
The scheme’s objectives include:
- supporting innovation in hydrogen production, storage and distribution;
- encouraging collaboration between the private sector and academia; and
- promoting Scottish companies to international partners and thus driving innovation.
Funding details
The funding will be facilitated and managed by Scottish Enterprise, which has helped co-develop the scheme.
Organisations will have until the 27th of September to submit expressions of interest in the fund and apply for a maximum of £2m of match-funding.
Through almost £7m, the scheme has helped support 31 projects across Scotland since 2023.
Lift off
Director of energy transition at Scottish Enterprise, Suzanne Sosna, said: “This new fund will help new green hydrogen projects get off the ground, something that is critical if we are to build the hydrogen economy as we aim to in Scotland.
“Renewable energy, including green hydrogen, has the potential to transform Scotland’s economy and Scottish Enterprise is fully committed to helping hydrogen production, storage and offtake businesses as part of that.”
Acting minister for climate action, Alasdair Allan, added: “Our energy sector, and the development of green hydrogen in particular, will play a crucial role in growing Scotland’s economy and delivering on our net zero targets.”
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