EU gives green light to €1bn Dutch green hydrogen subsidy scheme

Source: www.gulfoilandgas.com 8/1/2024, Location: Europe

The European Commission has given state-aid approval for a €998m subsidy auction scheme put forward by the Dutch government, which seeks to support at least 200MW of new green hydrogen production capacity.

The Dutch government will provide grants worth up to 80% of the upfront investment cost of projects, as well as “a variable premium over a period of 5 to 10 years” in the hope of lowering the cost of producing renewable H2 to a price that offtakers are willing to pay.

These developments showcase that governments around the world are backing hydrogen as the fuel of the future.


Germany >>  11/6/2024 - Mehrer Compression GmbH, a Balingen, Baden-Württemberg-based specialist in products for compressing process gases, and Heidenheim-based technology gro...
France >>  11/5/2024 - Höegh Evi, a global leader in marine energy infrastructure solutions, has signed a Memorandum of Understanding (MoU) agreement with the port of Port-L...

Norway >>  11/5/2024 - Five projects for hydrogen production receive support from Enova. The venture is to be a springboard for the use of hydrogen in Norwegian shipping. ...
United Kingdom >>  11/5/2024 - In its recent Autumn Budget, the UK government has allocated £2 billion to support 11 green hydrogen projects across England, Scotland, and Wales. The...

Canada >>  11/4/2024 - Ballard Power Systems announced a purchase order to supply 200 fuel cell engines to New Flyer, a subsidiary of NFI Group Inc. ("NFI"; TSX: NFI, OTC: N...
Chile >>  11/4/2024 - Anglo American's recent study on developing a green hydrogen valley in Chile's central region has yielded promising results.

The study indic...





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