Johnson Matthey, a global leader in sustainable technologies, has responded positively to the UK Government's pledge of £21.7 billion towards carbon capture and storage (CCUS) projects. These projects will focus on two major carbon capture clusters in HyNet, Merseyside, and the East Coast Cluster on Teesside, which aim to decarbonize heavy industries and produce low-carbon H₂.

Johnson Matthey’s low-carbon H₂ technology is a cornerstone of both clusters. It converts natural gas into H₂ while capturing the resulting carbon dioxide for safe storage, supporting the UK’s efforts to lead the global H₂ economy.

Maurits van Tol, Chief Executive of Johnson Matthey Catalyst Technologies, emphasized the significance of H₂ in the energy transition, stating, "H₂ will be pivotal in making the energy transition a reality and reaching net zero. This is a real statement of intent and is a huge opportunity for the UK to cut emissions, create quality jobs, and become a global exporter of leading technologies."

He further acknowledged the government’s funding commitment as a strong signal to investors, adding, "Decarbonizing heavy industry has to be the starting point on this journey. The Government’s funding commitments to these clusters sends a strong signal to investors that they are serious about making the UK a clean energy superpower."

Van Tol also stressed the importance of continuing to develop both blue and green H₂ technologies, noting that while electrolytic green H₂ has a nascent supply chain, blue H₂ is already progressing rapidly.