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United Kingdom2023-12en

Hydrogen Transport and Storage Cost Report

Summary

The UK faces the challenge of enabling a robust low-carbon hydrogen economy to meet its net-zero by 2050 target, which requires a deep understanding of hydrogen transport and storage costs and technical characteristics. The Department for Energy Security and Net Zero addressed this by publishing a comprehensive techno-economic report in December 2023, consolidating existing evidence and providing cost estimates for various transport and storage technologies. This report serves as a foundational analysis to inform future policy design and energy system modelling, with ongoing efforts to monitor and update cost estimates as new evidence emerges.

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