Seven large hydrogen projects in the Netherlands receive a subsidy for electrolysis – total available budget of almost €800 million.
With a total available budget of almost €800 million, seven Dutch impactful projects for hydrogen production are subsidised. The projects receive a subsidy from the so-called second wave of IPCEI hydrogen: this wave includes projects aimed at making industry more sustainable.
If all projects are realized according to plan, they will together provide a capacity of 1,150 Megawatts of electrolysis to make hydrogen. That is more than a quarter of the 2030 target of the Climate Agreement.
The companies that had signed up for the financial support have been extensively assessed by RVO in recent months. Seven projects have been approved and together receive a €783.5 million grant. The projects that have passed the assessment have been informed.
These are the companies Rotterdam Hydrogen Company B.V. (Shell), H2ermes B.V., Air Liquide Industrie B.V., HyCC / H2-Fifty B.V., Air Liquide Industrie B.V., Ørsted Hydrogen Netherlands Holding B.V. and Engie Energie Nederland N.V.. The companies have plans to use the renewable hydrogen for, for example, to make steel production more sustainable, for use in refineries, or for the production of fertilizer.
The government sees an important role for green hydrogen in making industry more sustainable and for Europe’s competitive position vis-à-vis other parts of the world. With the IPCEI subsidies, the government is giving an impulse to the hydrogen market and the technologies that are needed for this.
The energy crisis and high energy prices make it even more urgent to become independent of fossil fuels as soon as possible and to make industry more sustainable.
An IPCEI (Important Project of Common European Interest) is a European project that consists of several national projects of companies or research institutions from various EU member states. The projects are complementary, have synergy with each other and contribute to strategic European goals in the field of hydrogen.
In total, there are four ‘waves’ of IPCEI hydrogen subsidies, with a total available budget in the Netherlands of €1.6 billion. Earlier this year it was announced which company will receive a subsidy under the first wave (technology). For the third wave, which focuses on storage and import infrastructure, €595 million is available.
The subsidy scheme for this wave was open for registration last month. RVO is currently assessing the registrations. For wave 4, an amount of €199 million is available for hydrogen in mobility and transport. The subsidy scheme for the fourth wave will be published in 2023.
READ the latest news shaping the hydrogen market at Hydrogen Central
Seven large hydrogen projects in the Netherlands receive subsidy for electrolysis, December 20, 2022
