Investment of £3bn into hydrogen projects

Ricardo has placed decarbonization and sustainability at the heart of its strategy. The company has an extensive range of skills relating to the hydrogen agenda, from policy development to infrastructure feasibility through to implementation and integration of hydrogen based technologies for global transport applications.  

Ricardo is therefore pleased to become a supporter of Hydrogen Strategy Now and lend its weight to the campaign, which is calling on the Chancellor of the Exchequer, the Rt Hon Rishi Sunak MP, for a UK-wide hydrogen strategy.

Tim Curtis, MD of Ricardo Energy and Environment said: “Ricardo has been providing advice to both industry and government clients on hydrogen strategies and technology development for more than 20 years. We share the vision that a clear, strategic plan around hydrogen will help the UK achieve its ambitions to be a net-zero greenhouse gas emissions economy by 2050, and that this plan will foster hydrogen technology development and manufacturing capabilities across the country.” 

Steve Dyke, MD of Ricardo Automotive & Industrial said: “As a leading engineering, energy and environmental consultancy, we know that the UK has real potential to become a global leader in renewable and low-carbon hydrogen technology. We are already feeling the pull from customers for our expertise in hydrogen technology to support their green ‘bounceback’ from Covid-19. We are committed to playing our part to drive growth in sectors such as low-carbon energy, transport and heavy industry which will be essential for the future economy.”

A Hydrogen Strategy Now spokesperson said: “We’re delighted to have Ricardo on board with the campaign. It’s clear that hydrogen will play an essential role in the world’s future, low-carbon economy. The increasingly bold steps being taken by other nations underlines the need for the UK to bring forward urgent measures to establish a hydrogen strategy and unlock investment and innovation.

“The businesses that are signed up to the UK Hydrogen Strategy Now campaign are ready to invest, create jobs, and lead the way on hydrogen. Their voice is powerful and their arguments compelling - now is the time to seize the initiative.”