Netherlands – 11 projects receive subsidies for the production of sustainable hydrogen – €700 million in subsidies
The government is providing over €700 million in subsidies to companies that will produce sustainable hydrogen in the Netherlands.
The government will accelerate the development of sustainable hydrogen in the Netherlands. This will increase security of supply, contribute to the sustainability of industry and mobility, and reduce CO2 emissions . Besides expanding supply, the government is also committed to encouraging its use by industry, refineries, and in mobility.
The funding comes from the OWE subsidy program, which opened last year. A total of €3.2 billion in subsidies was requested, of which over €700 million was awarded to 11 companies. The subsidized projects represent approximately 602 megawatts of electrolysis capacity. This is more than three times the production capacity of the largest hydrogen plant currently under construction, Holland Hydrogen 1.
The intended hydrogen consumers include refineries, the chemical industry, and gas stations. The new hydrogen production will allow 5,000 hydrogen-powered trucks to operate for a year.
Minister, Hermans (Climate and Green Growth), said:
By producing sustainable hydrogen ourselves in the Netherlands, we become less dependent on foreign countries.
“Expanding our production capacity is therefore an important and logical step. But we’re not there yet. We will need to continue investing in various energy sources to further reduce our energy dependency.”
The companies receiving subsidies are: H2Eron (Delfzijl), Circul8 Hydrogen Factory (Lelystad), Eurus Energy Europe (Veendam), Air Liquide Industrie (Rotterdam), Uniper Hydrogen Netherlands (Rotterdam), FR Energyhubs (Steenwijk), Westfalen Hydrogen (Zutphen), Essent Hydrogen (Deventer), Den Tol Duurzaam (Gendringen), Vattenfall (Eemshaven) and Statkraft Renewables Benelux (Den Helder).
The subsidy will close the price gap between renewable and fossil-based hydrogen. Companies compete based on their subsidy needs per megawatt of electrolysis capacity, and the companies with the lowest subsidy needs win the grant.
A total of €998 million in subsidies was available. The government is currently investigating whether companies can apply for the remaining subsidy budget. Feasibility depends on European state aid rules.
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Netherlands – 11 projects receive subsidies for the production of sustainable hydrogen – €700 million in subsidies, source
