The European Commission announced the scheme which will support the construction of at least 60 MW of electrolysis capacity. The aid will be awarded through a competitive bidding process planned to be concluded in 2023. The tender will be open to all companies established in the European Economic Area and operating, or wishing to build and operate, a hydrogen production unit in the Netherlands. The aid will take the form of a direct grant for a 7-to-15-year period.
The scheme will contribute to the Netherlands’s efforts to achieve 500 MW of electrolyser capacity in 2025 and 3-4 GW by 2030. It will also support the EU’s ambitions to install at least 6 GW of renewable hydrogen-based electrolysers and the production of up to 1 million tonnes of renewable hydrogen by 2024, and at least 40 GW with a production of up to 10 million tonnes of domestic renewable hydrogen in the EU by 2030.
Executive Vice President Margrethe Vestager, in charge of competition policy, said: “This €246 million Dutch scheme is another example of how we work towards securing Europe’s decarbonised future. It will help ramping up the production of renewable hydrogen and facilitate the greening of sectors that are otherwise difficult to decarbonise. The aid will support the most cost-effective projects. And this while minimising possible distortions of competition.”
Press-release https://lnkd.in/dVWRqBqf