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07 Mar
11:48

UK announces £390m for H2, CCUS

UK chancellor Jeremy Hunt on Wednesday announced an increase in funding for hydrogen and carbon capture, utilisation and storage (CCUS) technology in the UK government’s Spring Budget. The government has committed an additional £120 million ($153m) for its Green Industries Growth Accelerator (GIGA) program, which seeks to support the expansion of low-carbon manufacturing supply chains across the UK, reducing the costs of the energy transition. The fund…
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