Scotland's Hydrogen Innovation Programme Event Highlights Growth Potential and Investment Challenges
The Hydrogen Innovation Programme event showcased Scotland's ambition in hydrogen development, emphasizing the need for cost competitiveness and innovation to attract investment. Key discussions focused on leveraging renewable resources, creating robust markets, and addressing transport and storage challenges. Notably, 95 green hydrogen projects are in the concept or feasibility stages, with many securing off-takers, but the industry must accelerate development to maintain capabilities from the oil and gas sectors.
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The Hydrogen Innovation Programme event highlighted Scotland's role in advancing hydrogen as part of its economic growth and net zero goals. It emphasized the importance of cost competitiveness and innovation for attracting investment in hydrogen projects.
Discussions included strategies for leveraging renewable energy, creating markets, and addressing transportation and storage challenges. Currently, 95 green hydrogen projects in Scotland are at concept or feasibility stages, with some having secured off-takers. However, the industry must accelerate development to retain skills from the oil and gas sectors and support early-stage innovators through clearer supply chain routes.
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