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<p>Hydrogen Allocation Round 2 aims to award contracts of up to 875MW, subject to
affordability and value for money, to help deliver our ambition of up to 1GW of electrolytic
hydrogen production projects being in operation or in construction by 2025. The application
window closed on 19 April with a significant increase in interest since Hydrogen Allocation
Round 1, both in number and total capacity of projects. We intend to announce the
number of applications and total production capacity following initial eligibility
checks. In Autumn, we then plan to announce the number, location and total capacity
of projects shortlisted for the due diligence and negotiations stage.</p>
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