Jurisdiction: United Kingdom
Commencement: 20th December 2023
Amends: New legislation
Low carbon hydrogen producers* may apply for financial support via a hydrogen production revenue support contract. N.B. Producers are only eligible if the hydrogen is produced in accordance with the UK Low Carbon Hydrogen Standard – Version 3.
*Low carbon hydrogen producers are producers of hydrogen who emit fewer greenhouse gases.
The Secretary of State may issue a notice, in accordance with regulation 3, requiring producers to comply with a later version of the UK Low Carbon Hydrogen Standard.
Low carbon hydrogen producers
Low carbon hydrogen producers must:
- comply with the UK Low Carbon Hydrogen Standard; and
- comply with notices issued by the Secretary of State.
Low carbon hydrogen counterparties
Low carbon hydrogen counterparties* must:
- create a register detailing each hydrogen production revenue support contract they provide;
- assign a unique identifier to each hydrogen production revenue support contract they provide; and
- publish information on each hydrogen production revenue support contract they provide.
*A low carbon hydrogen counterparty is the person or organisation providing financial support to a low carbon hydrogen producer.
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