On Thursday 15 February, the European Commission approved aid granted by seven Member States to IPCEI Hy2Infra, a third ‘European Project of Common Interest’ aimed at supporting the ‘renewable’ hydrogen value chain.
IPCEI Hy2Infra will enable the deployment of 3.2 GW of large-scale electrolysers, as well as transmission, storage and distribution infrastructures. This aid represents public support of €6.9 billion.
The European Commission highlights that this public support – notified by France, Germany, Italy, the Netherlands, Poland, Portugal and Slovakia – should help raise €5.4 billion in private investment.
In addition, France, Germany, Poland and Portugal have included their support for IPCEI Hy2Infra in their national plans under the NextGenerationEU recovery plan. Some projects may therefore be financed, in part, by this intermediary.
This third ‘European Project of Common Interest’ will be implemented through 33 projects led by 32 companies operating in one or more Member States.
Link to the project organisation chart: https://aeur.eu/f/avt (Original version in French by Émilie Vanderhulst)