On 27 June 2022, the Scottish Government announced the launch of a £10 million Hydrogen Innovation scheme, a four-year plan aimed at driving innovation within the hydrogen sector and accelerate production and storage. The scheme will provide capital support over the next four years and hopes to unlock additional private investment in the technology, while enabling new companies to enter the sector.
The first round of funding will target projects which support:
- the low-cost, efficient and sustainable production of renewable hydrogen
- efficient hydrogen storage and distribution, both within Scotland and for export
- the efficient integration of hydrogen into our energy system
The scheme is part of a Scottish Government commitment to invest £100 million in hydrogen over the course of this parliament, as part of a £180 million package of investment in emerging energy technologies, which will be delivered as set out in the Scottish Government's updated climate change plan.
Source: Scottish Government, 27 June 2022