The United Kingdom government has published Tuesday a new strategy dedicated to increasing the country’s hydrogen economy. The newly released strategy is set to provide more than 100,000 jobs and will be worth more around $17.88 billion by the mid of this century.
Kwasi Kwarteng, the U.K.’s business, and energy secretary said in the strategy that the country’s government has worked with the industry to provide 5 gigawatts of “low carbon hydrogen production capacity” by 2030 and which will be used across the U.K.’s economy.
“This could produce hydrogen equivalent to the amount of gas consumed by over 3 million households in the UK each year,” Kwarteng said.
Kwarteng explained that it could be deployed in the upcoming years adding that: “This new, low carbon hydrogen could help provide cleaner energy to power our economy and our everyday lives — from cookers to distilleries, film shoots to power plants, waste trucks to steel production, and 40-tonne diggers to the heat in our homes.”
The government added that the use for heating and stating is going be “to be relatively low” by 2030.