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We will provide up to 20 million this year for the

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We will provide up to £20 million this year for the Clean MaritimeDemonstration Competition, to accelerate the design and development ofzero emission marine vessels in the UK.We will provide up to £15 million this year for the ‘Green Fuels, GreenSkies’ competition to support the production of first-of-a-kind sustainableaviation fuel plants in the UK.We will provide £3 million this year to support the development ofa Hydrogen Transport Hub in Tees Valley, and £4.8 million (subjectto business case) to support the development of a hydrogen hub inHolyhead, Wales.2.5.1 Creatinga market:marketframeworkWe intend to provide a response to our consultation on a HydrogenBusiness Model alongside indicative Heads of Terms in Q1 2022. Weaim to finalise the business model in 2022, enabling the first contracts tobe allocated from Q1 2023. We will provide further detail on the revenuemechanism which will provide funding for the Business Model laterthis year.We will undertake further work to understand and develop appropriatemarket frameworks to drive investment and deployment and transition tolonger term competitive market frameworks. We will aim to publish initialconclusions and proposals in early 2022.We will work across government to highlight the potential role of hydrogenin the future energy system and consider how this should be reflected inthe design of wider energy markets and policies (e.g. capacity market,green gas support scheme).We will continue to work with industry and regulators in the early 2020sto identify, prioritise and address regulatory barriers faced by hydrogenprojects, and consider changes needed to unlock hydrogen investmentand deployment across the value chain. We will aim to publish initialconclusions and proposals in early 2022.Case study:gas blendingWe will engage with industry and regulators to develop the safety case,technical and cost effectiveness assessments of blending up to 20 percent hydrogen (by volume) into the existing gas network. Subject tocompletion of safety trials, we aim to provide an indicative assessmentof the value for money case for blending by Q3 2022, with a final policydecision likely to take place in late 2023.
114UK Hydrogen StrategyChapterCommitment2.5.2 Creatinga market:regulatoryframeworkWe will continue to work with industry and regulators to consider whatregulatory changes may be appropriate across the hydrogen value chain.We will work across government to highlight the potential role of hydrogenin the future energy system and consider whether and how this should bereflected in wider regulatory and policy changes.We will establish a Hydrogen Regulators Forum, with representationacross the relevant regulatory areas (environmental, safety, markets,competition and planning).

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Term
Winter
Professor
NoProfessor
Tags
Hydrogen vehicle, Hydrogen economy, On Competition,

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