EU waves through €400m Spanish green support scheme
Scheme will fund up to 345MW of electrolyser capacity through direct grants for up to ten years
The European Commission has approved a €400m ($455m) Spanish state aid programme to support renewable hydrogen production through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool, part of the EU's broader push for decarbonisation and energy independence. The scheme will fund the construction of up to 345MW of electrolyser capacity and enable the production of as much as 221,000t of renewable hydrogen in Spain. The aid, to be awarded through a competitive bidding process, will be provided as a direct grant per kg of renewable hydrogen produced and will last for up to ten years. Projects must comply with EU renewable fuel standards, including criteria for emissions reductions and rene
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