Department for Business and Trade written question – answered at on 31 October 2025.
Sally Jameson
Labour/Co-operative, Doncaster Central
To ask the Secretary of State for Business and Trade, what steps he is taking to encourage investment into the hydrogen technology manufacturing sector.
Chris McDonald
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero), Parliamentary Under Secretary of State (Department for Business and Trade)
Under the Industrial Strategy's Clean Energy Industries Sector Plan the Government announced a public finance offer to crowd private investment into clean energy industries, including the UK's hydrogen economy. This includes: a £1bn Clean Energy supply chain fund; £5.8bn for the National Wealth Fund to invest across this Parliament in clean industries including low-carbon hydrogen; and a £4bn British Business Bank Industrial Strategy Growth Capital scale and start up financing package.
My officials have been working closely with the Department for Energy Security & Net Zero to showcase these opportunities for investment alongside UK world-class capability across the hydrogen sector.
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