Over 60,000 green jobs are to be created as the result of £166.5 million of funding announced today (24 May) by the Department for Business, Energy and Industrial Strategy (BEIS).
Electrolyser capacity is set to increase from 0.2GW worldwide today to 213.5GW by 2040, a thousand-fold increase, according to Aurora Energy Research.
The Octopus Energy Group is set to expand into the green hydrogen sector, touting the benefits of the technology for "parts of the economy electrification can’t reach".
Limiting the global temperature rise to 1.5°C by 2050 will require countries around the world to accelerate their efforts towards the energy transition “without delay” and scale up the development of clean energy resources at unprecedented levels, a new report has said.
An inquiry into the role battery and fuel cell technologies will play in the UK’s path to net zero has been launched by the House of Lords Science and Technology Committee.