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European Commission approves Dutch scheme for renewable hydrogen

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Molly Cooper

Journalist at Tank Storage Magazine.

The European Commission has approved a €246 million Dutch scheme to support the production of renewable hydrogen. The measure aims to contribute to the development of renewable hydrogen in line with the objectives of the EU Hydrogen Strategy and the European Green Deal.

European flagsThe scheme will also contribute to the objectives of the REPowerEU Plan to end dependence on Russian fossil fuels and fast forward the green transition.

The Netherlands notified the European Commission of its intention to introduce a €246 million scheme to support the production of renewable hydrogen in order to increase the country’s electrolysis capacity.

Cooperation between Netherlands and Belgium for CO2

Margrethe Vestager, executive vice-president in charge of competition policy, says: ‘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.’

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.

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