Date(s) - March 30, 2023
2:30 pm - 4:00 pm
This webinar for SHFCA members with the UK Government Department for Energy Security and Net Zero will be of particular interest to anyone involved in the production and distribution of hydrogen, as well as end users of low carbon hydrogen.
It will outline how the proposed Low Carbon Hydrogen Certification Scheme (LCHCS) intends to use the methodology set out in the UK’s Low Carbon Hydrogen Standard (LCHS) as the basis for certification of low carbon hydrogen, and also provide context to how the consultation sets out the UK Government’s ‘minded to’ positions on the design elements of a Low Carbon Hydrogen Certification Scheme.
The LCHCS consultation assessment indicates that the certification scheme could yield significant monetary benefit to hydrogen producers by increasing the value of their hydrogen as they sell it, through generation of green premia.
This increased value would in turn generate greater revenue for producers, to their benefit. It would, however, interact with the Hydrogen Production Business Model (HPBM) funding system, which uses a reference price to determine the degree of revenue support.
Changes to the value of the hydrogen as a result of a producer being certified may in turn affect the reference price and, therefore, the amount of support provided to businesses.
No preregistration is required.
Join the webinar here.