Hydrogen Transport and Storage Business Models (HTBM and HSBM)
Proposed in the 2022 British Energy Security Strategy, with consultation ending in Feb 2024. No update published by mid-Nov 2024.
HTBM: For large-scale onshore hydrogen pipelines. Combines revenue support and Regulated Asset Base. Final design expected in 2025. First round aims for infrastructure in operation or construction by 2030.
HSBM: For geological hydrogen storage (e.g. salt caverns). Uses a Cap and Floor model. Final design expected in 2025, targeting up to two projects by 2030.
HTBM: For large-scale onshore hydrogen pipelines. Combines revenue support and Regulated Asset Base. Final design expected in 2025. First round aims for infrastructure in operation or construction by 2030.
HSBM: For geological hydrogen storage (e.g. salt caverns). Uses a Cap and Floor model. Final design expected in 2025, targeting up to two projects by 2030.
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