The Department for Business, Energy and Industrial Strategy (BEIS) has launched The Net Zero Hydrogen Fund (NZHF), worth up to £240 million.

The NZHF will provide capital and development expenditure to support the commercial deployment of new low carbon hydrogen production projects. The aim is to ensure the UK has a diverse and secure decarbonised energy system to meet the Government’s ambitions of reaching net zero by 2050 and 10 gigawatts of low carbon hydrogen production by 2030.

Strand 1 – Development Expenditure (DEVEX)

This competition will support DEVEX costs for front end engineering design (FEED) and post-FEED studies, aiming to build the pipeline of hydrogen production projects and measurably move them closer to deployment. The competition supports multiple hydrogen production pathways. Industrial research projects will be funded to support preparation for deployment.

Strand 1 applications will stay open until 11:00 on Wednesday 22 June 2022.

See: Competition overview – Net Zero Hydrogen Fund – Strand 1 Development Expenditure (DEVEX) – Innovation Funding Service (apply-for-innovation-funding.service.gov.uk)

Strand 2 – Capital Expenditure (CAPEX)

This competition will provide CAPEX to support low carbon projects to take a Final Investment Decision (FID). Projects must not require support from a hydrogen business model. The competition supports multiple hydrogen production pathways. Capital projects which do not require support from a Hydrogen Business Model will be funded. Projects must address low carbon hydrogen production opportunities and must focus on construction of new low carbon hydrogen production facilities.

Strand 2 applications will stay open until 11:00 on Wednesday 6 July 2022.

See: Competition overview – Net Zero Hydrogen Fund – Strand 2 – Capital expenditure (CAPEX) – Innovation Funding Service (apply-for-innovation-funding.service.gov.uk)