Hydrogen business model and Net Zero Hydrogen Fund: Market Engagement on Electrolytic Allocation

Closed 6 May 2022

Opened 8 Apr 2022


This Market Engagement document sets out our proposed approach to a joint hydrogen business model and Net Zero Hydrogen Fund allocation process for electrolytic hydrogen projects. This is primarily with a view to developing and refining our proposals, in conjunction with interested stakeholders, ahead of the first allocation round’s intended launch in Summer 2022.

The document includes an indicative timeline, proposed eligibility and evaluation criteria, and proposed approach to agreeing an offer of support with shortlisted projects.  

The document will be of interest to electrolytic hydrogen projects that require revenue support through the hydrogen business model and CAPEX support through the Net Zero Hydrogen Fund.

Read the document on GOV.UK.



  • SMEs (small and medium businesses)
  • Large businesses (over 250 staff)
  • Low carbon technologies


  • Energy and climate change