U.K. presents plan for hydrogen economy

August 27, 2021, 7:02AMNuclear News

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.