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Electricity and gas suppliers will not be liable for the government’s controversial hydrogen levy, Grant Shapps has confirmed. However, concerns have been raised that prices for consumers will still end up being impacted by gas shippers paying the levy.
1 year ago
A record number of electrolysers have left green hydrogen pioneer ITM Power’s factory over the last six months despite losses soaring to £94.2 million for the full year, the company’s delayed annual results show. Sheffield-based ITM, which produces electrolysers that use electricity to split water into hydrogen and oxygen, has had a troubled 12 months that has seen the departure of long serving CEO Graham Cooley and the axing of a quarter of its headcount.
Orsted has withdrawn from the first round of the government’s green hydrogen support programme. The Department for Energy Security and Net Zero (DESNZ) has announced that 17 projects have been invited to negotiations to secure funding through the first allocation of its Net Zero Hydrogen Fund. Another three projects, which were shortlisted by DESNZ earlier this year and include Orsted's Gigastack project, have withdrawn from the process.
The potential to save money on their energy bills is the biggest driver for Brits looking to instal a heat pump, research by EDF has found. The report found that almost half of (49%) of Brits are looking at installing a heat pump in the future.
Dame Alison Rose has quit as co-chair of the government’s national Energy Efficiency Taskforce after resigning as group chief executive of Natwest. Rose quit her position at Natwest after admitting that she had revealed personal financial information about former UKIP leader Nigel Farage to the BBC. Energy security and net zero secretary of state Grant Shapps subsequently asked Rose to step down from her role leading the taskforce.