The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world. These RFNBOs will be imported and sold in the EU, contributing to the objectives of the EU Hydrogen Strategy, the European Green Deal, as well as of the REPowerEU Plan to reduce dependence on Russian fossil fuels and accelerate the green transition.
The German-Dutch scheme
Germany and the Netherlands notified the Commission of their intention to introduce a €3 billion scheme to cost-efficiently support RFNBO production. Germany will contribute to the scheme with €2.7 billion and the Netherlands will contribute with €300 million.
The scheme will support the construction of at least 1.875 GW of electrolysis capacitythroughout the globe. The aid will be awarded through a competitive bidding process planned to be concluded in 2025. The tenders, organised on a multi-regional basis, will be open to projects with an electrolyser capacity of at least 5 MW.
Press release https://tinyurl.com/p4drsfrn
