Closed consultation
Hydrogen Storage Business Model: market engagement on the first allocation round
Consultation description
As set out in our August 2023 minded to position, this Market Engagement document provides an update on the Hydrogen Storage Business Model (HSBM).
It outlines work to date, specifically on our proposed timings and process for the first HSBM allocation round, including:
- timelines
- eligibility and assessment criteria
- coordinated allocation between the HSBM and the Hydrogen Transport Business Model (HTBM)
- development funding for the first allocation round
The purpose of the Market Engagement document is to:
- provide industry with an insight into our current thinking on the first HSBM allocation round
- reassure projects developing hydrogen storage infrastructure that the HSBM design is progressing
- give projects seeking support in the first allocation round an early sight of when they need to be ready to apply, and what evidence they may need to provide
- seek your feedback
Read our consultation privacy notice.
Related documents:
Documents
Updates to this page
Published 14 December 2023