Commission approves €998 million Dutch State aid scheme to support renewable hydrogen production
The Commission has approved a €998 million Dutch scheme to support the production of renewable hydrogen. The scheme will contribute to the Netherlands’s efforts to achieve 500 MW of electrolyser capacity in 2025 and 3-4 GW by 2030 and support the construction of at least 200 MW of electrolysis capacity. The aid will be awarded through a competitive bidding process planned to be concluded in 2024. The tender will be open to projects with a capacity of at least 0.5 MW. The aid will take the form of a direct grant combining an upfront investment grant up to 80% of the investment costs and a variable premium over a period of 5 to 10 years.
The measure aims to contribute to the objectives of the EU Hydrogen Strategy, the European Green Deal and the REPowerEU Plan.
For further information PR.