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Image header Agence Europe
Europe Daily Bulletin No. 12857
Contents Publication in full By article 15 / 27
ECONOMY - FINANCE - BUSINESS / State aid

European Commission approves €900 million in German support for renewable hydrogen production

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...

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