Net Zero Hydrogen Fund Briefing Event 2023
Innovate UK and Innovate UK KTN will be hosting an online competition briefing webinar on behalf of the Department for Energy Security and Net Zero on 19 April 2023 to share details of round 2 of the Net Zero Hydrogen Fund (NZHF) strands 1 and 2.
Recording and slides now available
Click here to download the slides.
These competitions aim to develop a diverse and secure hydrogen economy fit for meeting the UK’s ambition of up to 10GW low carbon hydrogen production by 2030.
This recording is to brief potential applicants on strands 1 and 2 of the NZHF, which cover development expenditure (DEVEX) and capital expenditure (CAPEX) support. Strands 1&2 will fund the development and deployment of new low carbon hydrogen production to de-risk investment and reduce lifetime costs.
About the competitions
Strand 1 will provide development expenditure (DEVEX) for front end engineering design (FEED) and post-FEED activities, to develop the pipeline of hydrogen production projects and measurably move them closer to deployment.
Strand 2 will provide capital expenditure (CAPEX) support for hydrogen production projects that do not require revenue support through the Hydrogen Business Model (HBM). Applicants for strand 2 must demonstrate how they will develop a credible project that will contribute to the at-scale production of low-carbon hydrogen by 2025.
Strand 1 Competition: opens Tuesday, 11 April 2023 and closes Wednesday, 31 May 2023
Strand 2 Competition: opens Tuesday, 11 April 2023 and closes Wednesday, 7 June 2023
Strand 1 will provide development expenditure (DEVEX) for front end engineering design (FEED) and post-FEED activities, to develop the pipeline of hydrogen production projects and measurably move them closer to deployment.
Strand 2 will provide capital expenditure (CAPEX) support for hydrogen production projects that do not require revenue support through the Hydrogen Business Model (HBM). Applicants for strand 2 must demonstrate how they will develop a credible project that will contribute to the at-scale production of low-carbon hydrogen by 2025.
About the recording
Please watch this recording to hear more about the competition scope, timelines and key application criteria. There was also an opportunity to ask questions to enable informed decisions on the applicability of projects.
Related Opportunities
Net Zero Hydrogen Fund: Capital Expenditure, Round 2
Opens: 11/04/2023 Closes: 07/06/2023
Strand 2 of the Net Zero Hydrogen Fund will provide capital expenditure (CAPEX) support for new low carbon hydrogen production facilities to begin deployment in the early 2020s.
More Information
Net Zero Hydrogen Fund: Development Expenditure, Round 2
Opens: 11/04/2023 Closes: 31/05/2023
Strand 1 of the Net Zero Hydrogen Fund will provide development expenditure (DEVEX) support for front end engineering design (FEED) and post-FEED studies for new low carbon hydrogen production facilities.