Capacity 602 MW – The Netherlands spent 700 million euros to subsidize 11 hydrogen energy projects

Capacity 602 MW – The Netherlands spent 700 million euros to subsidize 11 hydrogen energy projects


Capacity 602 MW – The Netherlands spent 700 million euros to subsidize 11 hydrogen energy projects

Eleven new projects involving large-scale electrolyzers have been launched in the Netherlands, with about 602 MW of subsidized electrolyzer capacity. Refineries, chemical industries and gas stations can further improve sustainability and reduce carbon dioxide emissions with hydrogen energy.

The Netherlands has launched 11 new projects involving large-scale electrolyzers, with a capacity of about 602 MW of subsidized electrolyzers. Refineries, the chemical industry and petrol stations could benefit from

to subsidise the acceleration of sustainable hydrogen development

hydrogen central advertise

with 602 MW of electrolysis capacity, three times the capacity of the largest hydrogen plant currently under construction in the Netherlands.” It can meet the hydrogen demand of 5000 hydrogen trucks for one year. Subsidized enterprises will accumulate experience in technology application, approval process and sustainable hydrogen energy certification, and the core goal of subsidies is to accelerate the development process of sustainable hydrogen energy.

Enterprises received more than 700 million euros in subsidies

for these projects from the second round of funds of the Dutch “Large-scale Renewable Hydrogen Electrolysis Production Subsidy Scheme (OWE)”, totaling more than 700 million euros. The subsidy is for those who build 0.

The subsidy funds have not yet been fully disbursed

. The total funds of the Owe program are nearly 1 billion euros. Projects that were not subsidized by the Netherlands Enterprise Office (RVO.)

mainly had the following problems: the actual use of the hydrogen energy produced was not fully demonstrated, it was not economically feasible, or it could not be completed on time.

Original intention

of the subsidy OWE Subsidies are intended to reduce the cost gap (the “loss element”) between producing sustainable and fossil-based hydrogen energy. In order to determine the target of subsidies, the average subsidy for the

11 winning projects of the Netherlands Enterprise Bureau (RVO.11) is 1.78 million euros per megawatt of electrolytic capacity, and enterprises need to complete the project construction by mid-2030.

1. Air Liquide Industry (Rotterdam )

, as a subsidiary of Air Liquide Group, a French industrial gas giant, has settled in Rotterdam Air Liquide Industry, focusing on large-scale green hydrogen production. It is developing the “Ely Gator Project” (200 MW electrolyzer) to supply renewable hydrogen to the industrial platform of Total Energy; At the same time, it cooperated with Vattenfall to carry out the “CurtHyl Project”, which uses the abandoned wind power of Vattenfall Slavtedam Wind Farm to produce hydrogen and distribute it through the pipeline network of liquefied air. The company plans to expand its European low-carbon hydrogen business portfolio, aiming to reduce carbon dioxide emissions by up to 500,000 tons per year.

2. Although details are limited, the project is part of the Netherlands’ plan to expand renewable hydrogen production capacity, mainly for industry and transportation, possibly using electrolytic hydrogen production technology, in line with the country’s goal of reducing dependence on fossil fuels.

READ the latest news shaping the hydrogen market at Hydrogen Central

Capacity 602 MW – The Netherlands spent 700 million euros to subsidize 11 hydrogen energy projects, source



Source link

Compare listings

Compare