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Image header Agence Europe
Europe Daily Bulletin No. 13622
Contents Publication in full By article 20 / 29
ECONOMY - FINANCE - BUSINESS / State aid

Spain authorised to pay €400 million for production of renewable hydrogen

On Tuesday 15 April, the European Commission authorised €400 million in Spanish aid to support the production of renewable hydrogen using the European Hydrogen Bank’s Auctions-as-a-Service tool for the auction ending in 2025.

The aid scheme will support the construction of 345 megawatts (MW) of installed electrolyser capacity and the production of 221,000 tonnes of renewable hydrogen in Spain. It is estimated that it will result in the avoidance of the equivalent of one million...

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