THE Chancellor has unveiled plans for a new green hydrogen project in East Renfrewshire.
Rachel Reeves told the Commons that funding will be provided for 11 new projects across England, Scotland and Wales which will be among the first commercial-scale projects n the world.
They will be in addition to GB Energy and the government's investment into carbon capture and storage.
She said: "Earlier this month, we announced a significant multi-year investment between Government and business into carbon capture and storage, creating 4000 jobs across Merseyside and Teesside.
"Today, I am providing funding for 11 new green hydrogen projects across England, Scotland and Wales – among the first commercial-scale projects anywhere in the world – including in Bridgend, East Renfrewshire and in Barrow-in-Furness.
"We are kick-starting the Warm Homes Plan by confirming an initial £3.4bn over the next three years to transform 350,000 homes, including a quarter-of-a-million low-income and social homes.
"And we will establish GB Energy, providing funding next year to set up Great British Energy at its new home in Aberdeen."
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