The owners of British Gas and Johnson Matthey have teamed up with JCB scion Jo Bamford to launch a £6.5 billion project to dramatically increase Britain’s hydrogen production. Engineering giant Arup, cement-maker Heidelberg, the building materials company Tarmac and the pipeline business National Gas, are also among a heavy coalition led by Bamford, which has submitted proposals to energy secretary Ed Miliband. The consortium, Project HySpeed, wants to build one gigawatt of green hydrogen production capacity in the UK by 2030. They estimate that it would attract £6.5 billion of private investment and create 24,300 jobs, with at least half of them in this country. Lord Bamford has become an advocate for the advantages of the clean-burning hydrogen combustion engine JCB BAMFORD EXCAVATORS GROUPThe government’s 2023 Hydrogen Production Delivery Roadmap is targeting ten gigawatts of low-carbon hydrogen production by 2030.
