Hydrogen Subsidies
Clean hydrogen is considered indispensable to cut emission (is associated with: «EU approves German subsidies for renewable hydrogen production») Peter Kneffel/dpa The European Commission has approved €1.3 billion ($1.5 billion) in German state aid to support renewable hydrogen production to cut greenhouse gas emissions in the European Union. "This investment in renewable hydrogen...
The European Commission has authorised Germany to allocate €1.3bn ($1.5bn) in subsidies to green hydrogen projects via the European Hydrogen Bank’s (EHB) Auctions as a Service (AaaS) platform.Confirmed under EU State aid rules, subsidies will be delivered as grants per kilogram of hydrogen across a ten-year period for projects which missed out on the EHB’s third round...
The central government will reward five city clusters (as yet unselected) with up to CNY 1.6 billion (USD 232 million) each for reaching hydrogen targets like bringing down the price per kg to CNY 25.The incentive is part of a four-year hydrogen pilot programme launched by three government ministries on 16 March. Most hydrogen in China is used...
Australia Shortlists Seven Green Hydrogen Projects for Subsidies Fuel Cells Works Source link...
The Australian government has shortlisted seven green hydrogen derivative projects, representing 2.18GW, for production subsidies after halving the amount of funding allocated to the scheme.Selected under the second round of the Hydrogen Headstart programme, the projects have been invited to submit full applications to secure 10-year production credits. The rate of the credits...
Hydrogen subsidies slashed as Labor spends big on fuel AFR Source link...
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Capital is moving from UK hydrogen projects to faster-moving markets like the EU, which is running ahead, despite less generous subsidies.Speaking at the Hydrogen UK Annual Conference, Kim McCann, Global Energy Advisory Director at environmental consultant SLR Consulting, said the country was at a “pivotal moment” where support schemes were being undermined.“We have the...
India unveils planned auction for 500,000 tonnes per year of green hydrogen-based methanol Hydrogen Insight Source link...