14 April 2025 Key Day MEGA-HYDROGEN PLAN HYSPEED UK
Matt Lister in DrivingHydrogen Newsletter has today revealed the big new project proposed to create £6.5bn of hydrogen production, creating 24,300 jobs. The objective is 1GW of green hydrogen by 2030, 10% of what Boris promised many years ago.
A new energy grouping led by HydraB Power, chaired by Jo Bamford of Wrightbus and Ryze fame, joining with Centrica, JCB, ITM Power, Johnson Matthey, Heidelberg Materials, National Gas.
With £6.5bn of private investment already committed, the coalition says, and a strategy rooted in hard-nosed industrial pragmatism.
At its heart is a plan to reduce the cost of green hydrogen by buying equipment in bulk, securing power on better terms, and building with at least 50% UK content. In doing so, HySpeed hopes to anchor 24,300 jobs across sectors like electrolyser
Electrolysers, 2,025
Upstream Power, 9,290