
Publication
Essential Corporate News – Week ending 23 May 2025
The Companies and Limited Liability Partnerships (Annotation) Regulations 2025 and an accompanying Explanatory Memorandum were published on 14 May 2025.
The following is an introduction to our UK Hydrogen Guide 2025. To read the guide in full, select 'Read full article'.
The UK remains an attractive and stable market for developers and investors in the low carbon hydrogen sector. The UK government has acknowledged the pivotal role that hydrogen can play in achieving the UK's net zero targets and the need to stimulate supply and demand for low carbon hydrogen in tandem. Consistent with this, in recent years the UK government has demonstrated sustained support for the low carbon hydrogen production chain by implementing a number of funding and policy frameworks, most notably the Hydrogen Strategy (August 2021), the British Energy Security Strategy (2022), the Hydrogen Investor Roadmap (February 2024) and the funding support pledged for the hydrogen sector in the UK government's 2024 Budget.
The UK's target is for the market to deploy up to 1GW of low carbon hydrogen production capacity by the mid-2020s, ramping up to 10GW by 2030. In tandem, the Scottish government has set a goal of 5GW of hydrogen production in Scotland by 2030. The UK government has taken a 'twin-track' approach to achieving its 10GW hydrogen production target as follows:
In recognition that the development of the UK hydrogen value chain requires government support to stimulate investment and drive production, the UK government offers supply side funding support in the form of:
The UK government also intends to drive demand for low carbon hydrogen produced in the UK by:
Publication
The Companies and Limited Liability Partnerships (Annotation) Regulations 2025 and an accompanying Explanatory Memorandum were published on 14 May 2025.
Publication
The Regulator’s annual funding statement for private sector DB schemes was published on April 29, 2025. It is the first such statement since the new DB funding regime came into force from September 22, 2024, onwards.
Publication
The Regulator's annual DB funding statement for 2025 was published on April 29, 2025. This statement and the accompanying analysis paper are particularly relevant to schemes with valuation dates between September 22, 2024, and September 21, 2025, now known as Tranche 24/25 or T24/25 to reflect the calendar year (previously known as Tranche 20 or T20).
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2025