DESNZ, Net Zero Hydrogen Fund scheme

  • The value of the scheme is up to £240 million (a single beneficiary may receive in excess of the SOPI threshold of £10 million). The purpose of the subsidy scheme is to incentivise the use of low carbon hydrogen.
  • Our key takeaways are:
    • Improvements can be made to assessments by considering the competitive impacts and market distortions arising from the relevant scheme in more detail.
    • The above flows into the balancing exercise stage, which should include a detailed assessment of the negative competitive impacts.
    • Ensure that your assessment includes engagement with both the positive and the negative feedback from stakeholders.

Find Out More

Posted in Subsidy Advice Report Tracker.