Part of Energy Security and Net Zero – in the House of Commons at on 19 September 2023.
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
My hon. Friend 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 my hon. Friend to talk about making sure we get this absolutely right so that we maximise its benefits.