During yesterday’s Energy Security and Net Zero Questions in the House of Commons, Tom Randall MP encouraged the Government to bring forward the storage and transportation business model for hydrogen.
Gedling’s Conservative Member of Parliament, Tom Randall said “The hydrogen industry will, I am sure, welcome the introduction of the hydrogen production business model for green hydrogen, with a further business model planned for next year, but the storage and transportation business model for hydrogen is not due to be finalised until 2025.”
Tom went on to ask the Energy Security and Net Zero Minister: “For customers of companies such as Luxfer Gas Cylinders of Colwick in my Gedling constituency, this is a potential barrier to some projects moving forward. Can [the Minister] give come clarity on the sequencing and whether there is scope to bring forward the storage and transportation business model so that the timing is joined up?"
The Energy Security and Net Zero Minister replied: “[Tom Randall MP] is right to talk about the challenge of bringing all the pieces together to unlock opportunity. The Government will promote the whole hydrogen economy—production, demand, networks and storage—and stimulate private sector investment. In August, the Government published the low-carbon hydrogen agreement, setting out the hydrogen production business model’s terms. We will award contracts for that in quarter 4 of 2023. My colleagues and I are happy to meet [Tom Randall MP] to talk about making sure we get this absolutely right so that we maximise its benefits.”
Speaking after Energy Security and Net Zero Questions, Tom said: “Works began last week on Luxfer Gas Cylinders’ over £1million investment into building a new hydrogen production and distribution facility at the Colwick site, which will create green energy and local green jobs.
“Once published, the Government’s storage and transportation business model for hydrogen will help projects like the one in Colwick move forward and support growth in this vital green industry and I hope that this is done quickly.”
