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Last Updated on: 12th May 2025, 12:38 pm
Project HySpeed has launched into the spotlight as one of the UK’s most ambitious hydrogen initiatives, promising transformative outcomes that aren’t going to be realized. Backed by a connected consortium of UK industrial players — including the Bamford family’s companies such as JCB, Wrightbus, and Ryze Hydrogen, alongside National Gas, Centrica, ITM Power, Johnson Matthey, Tarmac, Heidelberg Materials, and Arup — HySpeed is asserting that it will deliver one gigawatt of green hydrogen production capacity by 2030. It claims it will be investing £6.5 billion, creating over 24,000 jobs, and reducing carbon dioxide emissions by approximately one million tonnes per year.
On the surface, the scale,…
