The European Commission authorised, on Monday 20 December, a €900 million German scheme to support investments in the production of renewable hydrogen, which will then be imported and sold in the EU.
HINT.CO (intermediary) will conclude long-term purchase contracts on the supply side (green hydrogen production) and short-term sales contracts on the demand side (green hydrogen usage). Aid will be awarded through competitive tenders.
Prices will be determined on the buying and selling side...