£72m secured to transform the North West into a low carbon industrial cluster; hydrogen to play a key role
£72m secured to transform the North West into a low carbon industrial cluster; hydrogen to play a key role HyNet North West today (17 th March) shared news of the funding that will help accelerate a final investment decision in 2023 for the initial phase and become operational in 2025. Funds of £33m were received from UK Research and Innovation (UKRI) through the Industrial Decarbonisation Challenge fund, and £39m was from consortium partner contributions. An essential part in the UK Government’s 10-point-plan for a green industrial revolution, the project will help transition the UK to...