Renewable hydrogen production: Commission approves Dutch support for an innovative technology
The Commission has greenlighted a €80 million Dutch measure to support Djewels B.V., a subsidiary of the hydrogen company HyCC B.V., in the demonstration of an innovative renewable hydrogen production technology.
The project seeks to demonstrate the feasibility of producing renewable hydrogen with an alkaline electrolyser with high current density electrodes, high-pressure hydrogen output and a small spatial footprint. It is thus a first of its kind in the EU representing significant innovation beyond the state of the art.
The aid will take the form of a direct grant to cover the expected funding gap of the project. The funding gap of the project will depend on market developments and to ensure compliance with the State aid rules, should the project generate extra net revenues, the beneficiary will return to the Netherlands part of these extra revenues. Moreover, the beneficiary will disseminate the technical know-how gained as a result of the project.
For further information see PR.