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<p>There are no plans to remove the proposed hydrogen levy from the Energy Bill.</p><p> </p><p>The purpose of the levy is to provide long-term funding for the hydrogen production business model. This could unlock significant private sector capital by 2030, create thousands of jobs, grow CCUS and hydrogen supply chains, and deliver carbon savings which help meet net zero.</p><p> </p><p>The provisions in the Bill will not immediately introduce a levy. They will only enable Government to introduce a levy through secondary legislation. The decision to introduce the levy will take into account all relevant considerations, including energy bill affordability.</p> |