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Europe Daily Bulletin No. 13462

27 July 2024
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves Spanish aid worth €1.2 billion for production of renewable hydrogen
Brussels, 26/07/2024 (Agence Europe)

On Friday 26 July, the European Commission authorised €1.2 billion in Spanish aid to support investment in the production of renewable hydrogen as part of the transition to a net zero emissions economy.

The scheme was authorised under the Temporary Crisis and Transition Framework adopted by the Commission on 9 March 2023 and amended on 20 November 2023 and 2 May 2024.

The aid will be financed through the Recovery and Resilience Facility (RRF), for investments in renewable...

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