Richard Hulf, Managing Partner at the HydrogenOne Capital LLP investment trust (HGEN), spoke to London South East and explained that his Hydrogen Fund gives investors a chance to invest in growth assets which retail investors wouldn't normally have access to.

• HydrogenOne are a London Main Market listed fund specialising in clean hydrogen and hydrogen-focused assets

• HGEN was launched in 2021, with a market cap of around 95M pounds

• The grey hydrogen industry which green will replace is worth $175 billion per annum

• Europe needs 300 gigawatts of green hydrogen by 2030, just manufactures 1 GW today

As Richard says: "We could see a huge gap in the market for green hydrogen. It's very hard to decarbonise parts of our industrial infrastructure and green hydrogen has to be the solution. So it has to happen, it's got great investment returns, and we are moving into an empty space free of other investors. This not a tomorrow story, it's a now story, and that's why we are doing it."

The main point of the fund as Richard sees it is not to look for new uses of hydrogen which will come, but to address the existing huge gap in the market, where businesses are not moving into green hydrogen (as a replacement for grey hydrogen) in sufficient scale.