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Statkraft receives EUR 107 million support from EU Innovation fund for planned hydrogen production in Germany

Statkraft, Europe’s largest producer of renewable energy, is allocated support of the European Union for its plans to set up a hydrogen production site in Emden, Lower Saxony. The company was selected to negotiate a grant decision for a subsidy of up to 107 million euros for its project consisting of a 200 MW electrolysis plant and a 50 MW heat pump system. This means that up to 20,000 tonnes of renewable hydrogen and up to 50,000 MWh of green heat are possible every year. Statkraft already supplies industrial customers in Emden with district heating from the biomass plant there. The possible funding comes from the EU Innovation Fund, which promotes the development of innovative technologies to reduce greenhouse gas emissions in Europe.

Photo of Statkraft

Press release https://t.ly/poAbA

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