The European Commission has signed off on a French subsidy scheme aiming to support the construction of 1GW of renewable and nuclear-powered hydrogen production capacity.
The scheme will offer 15-year per-kilogramme subsidies to green and low-carbon hydrogen producers exclusively supplying industrial use cases where “no economically viable” electrification pathways exist.
France will hold three competitive tender rounds to allocate funding. The initial €787m ($908m) round will aim to support 200MW of production.
Hydrogen produced using purely renewable power, in line with EU renewable fuels of non-biological origin (RFNBO) rules, and low-carbon electricity, like nuclear, will be supported.
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