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
Compressors, 155
HRS (Hydrogen Refuelling Stations), 600
Bowsers, 1,725
Tube Trailers, 1,625
Buses, 5,380
Coaches, 490
Fuel Cells, 1,080
NRMMs (Machinery), 430
Green Chemicals, 1,640 This is the best news we have heard for some time, far better than DESNZ announcements.
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