The U.K. government last week announced the release of its UK Hydrogen Strategy, predicting thousands of jobs and billions of pounds in investment and export opportunities over the coming decades via the creation of a low-carbon hydrogen sector in Britain.

A flourishing, U.K.-wide hydrogen economy could be worth £900 million (about $1.2 billion) and create over 9,000 high-quality jobs by 2030, according to the government, potentially rising to 100,000 jobs and worth up to £13 billion (about $18 billion) by 2050.

Exelon Generation has received a grant from the Department of Energy to explore the potential benefits of on-site hydrogen production and has chosen its Nine Mile Point nuclear power plant as the demonstration site, the company announced on Wednesday. (In 2019, Exelon received a conditional commitment from the DOE to co-fund a hydrogen electrolyzer demonstration at a nuclear plant.) Located in Scriba, N.Y., Nine Mile Point consists of two boiling water reactors—the 620-MWe Unit 1 and the 1,287-MWe Unit 2.

Nuclear power could produce as much as one-third of the United Kingdom’s clean hydrogen needs by 2050, posits the Hydrogen Roadmap, a 12-page report recently approved by the Nuclear Industry Council (NIC) and released last week by the Nuclear Industry Association (NIA).

The NIC, co-chaired by the British government’s minister for business, energy, and clean growth, and the chairman of the NIA, sets strategic priorities for government-industry collaboration to promote nuclear power in the United Kingdom.

The road to net zero: The report outlines how large-scale and small modular reactors could produce both the power and the heat necessary to produce emissions-free, or “green,” hydrogen. Existing large-scale reactors, it says, could produce green hydrogen today at scale through electrolysis, as could the next generation of gigawatt-scale reactors. Also, according to the report, SMRs, the first unit of which could be deployed within the next 10 years, could unlock possibilities for green hydrogen production near industrial clusters.

The European Commission’s current strategy for developing a hydrogen economy—part of its overall goal of achieving a climate-neutral European Union by 2050—needs to make more room for nuclear power. That’s according to a report published in December by the New Nuclear Watch Institute (NNWI), an industry-supported think tank based in the United Kingdom.

The 28-page report, On the Role of Nuclear Power in the Development of a European Hydrogen Economy, notes that the commission’s strategy, set out in last summer’s A Hydrogen Strategy for a Climate-Neutral Europe, sees the long-term future of the European hydrogen economy as one based on hydrogen production solely utilizing renewable power, thereby excluding nuclear from a lasting role in the market.

As a result of last month’s power uprate announcement from NuScale Power regarding its small modular reactor—a 25 percent increase to 77 MWe—the company has now announced updated evaluations for the technical feasibility and economics of producing hydrogen using heat and electricity from its SMR, the NuScale Power Module (NPM).