New UK energy plan includes funding for green hydrogen projects
A plan to cut greenhouse gases and lower energy costs by investing in renewable energy and carbon capture technology has been published by the UK government.
The plan includes measures to ensure emissions are net-zero by 2050, mainly by cutting fossil fuel dependence.
Ministers say they want the UK to have the cheapest electricity in Europe by 2050, but admit the strategy is unlikely to bring down bills next year.
The strategy - called Powering Up Britain - is largely focused on increasing UK clean energy, which it is hoped will drive down emissions but also reduce energy costs.
Prime Minister Rishi Sunak said: "When global energy supplies are disrupted and weaponised by the likes of Putin, we have seen household bills soar. We are stepping up to ensure our energy security in the long term so we can drive down energy prices."
Among the plans include confirmation that £240 million (€272 million) funding will be made available for green hydrogen projects.
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