The conversation shifted from ‘what about hydrogen’ to how quickly can we be a global leader in hydrogen production.
As Element 2 increases hydrogen supply in the UK, it will become cheaper. Investment in wind and hydrogen technologies will accelerate this energy transition and the war in Ukraine means hydrogen will reach diesel price parity even quicker than anticipated.
The BEIS strategy announced in April revealed an ambition to double hydrogen production capacity to 10GW. This would enable 1.5 million tonnes of hydrogen, equivalent to 1.5 billion gallons of diesel and will remove 18 million tonnes of CO2 from vehicle emissions every year.
The recent increases in fuel do not only effect motorists. Costs have increased for every business and every household. Every supermarket delivery, every online shopping purchase, every DIY project, is reliant on a supply chain with goods carried to their destination on vans, lorries, or big heavy goods vehicles. And for these vehicles the only option is hydrogen.
Companies cannot waste time charging huge batteries or waste space in their vehicle carrying spares. The electric vehicles that work in cities for passenger vehicles are not economically viable for bigger vehicles.
Fleet managers, bus operators and everyone working in haulage have been placing big orders with the manufacturers – who have risen to this challenge at the same speed.
We are well on the way to building the UK’s national hydrogen refuelling network, and are working closely with a number of OEMs and fleet operators to support their rapid transition to net zero.
Our hydrogen infrastructure will decarbonise 13 per cent of the UK’s emissions by 2030 and reduce our fuel dependency on other countries. Every kilo of hydrogen bought at our pumps displaces 12kg of CO2.
This is a once in a lifetime transition and we are proud to be making such positive impact and making diesel history.