The UK's first new hydrogen fuelling hub looks set to open in 2024
Skipton-based Element 2 has been building its business plan since 2019 and in the next few months will move to the operational phase with four sites underway, followed by 30 further locations either earmarked or under construction by the end of the year.
Trucks and buses are the number-one priority for Element 2’s hydrogen, because the 600,000 trucks daily operating in the UK contribute 18% to road transport emissions. Before the today-announced government grant, Element 2 had made rapid progress with a relatively modest £6.5 million of investment. Two further funding rounds totalling £100m will be launched later this year and ultimately investment is likely to hit £1 billion by 2027.
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