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Bringing forward Hydrogen to Power – to support a clean and secure power system
09 December 2024
Type
Written Ministerial Statement
Department
Department for Energy Security and Net Zero
TAGS
At a Glance
Issue Summary
The statement discusses the publication of the Hydrogen to Power - market intervention Consultation Response, which aims to support the deployment of hydrogen as a low carbon flexible electricity generating capacity.
Action Requested
The response commits to delivering a Hydrogen to Power Business Model and publishing it on December 9th, 2024, to de-risk investment in Hydrogen to Power by mitigating deployment barriers through a Dispatchable Power Agreement-style business model. This will support the Clean Power Mission and the government's net zero emissions target.
Key Facts
- Publication of the Hydrogen to Power - market intervention Consultation Response on December 9th, 2024.
- The response commits to delivering a Hydrogen to Power Business Model to de-risk investment in hydrogen technology.
- Deployment of Hydrogen to Power will play an important role in displacing unabated gas generation and supporting the Clean Power Mission.
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Assessment & feedback
Summary accuracy