Germany

Germany

Supports the production of renewable hydrogen through direct grants

05 Apr 2024

On 5 April 2024, the European Commission approved a €350 million State aid scheme of Germany to support renewable hydrogen production through the European Hydrogen Bank’s “Auctions-as-a-Service” tool. The scheme is designed to assist eligible projects located in Germany that might otherwise be excluded from European Union funding due to budget limitations. The initiative aims to promote the construction of up to 90 MW of electrolysis capacity and the production of up to 75,000 tonnes of renewable hydrogen. Funding will be provided as direct grants, calculated per kilogram of hydrogen produced. These efforts align with Germany’s target of achieving 10 GW of electrolysis capacity by 2030 and contribute to the broader goals of the European Union’s Green Deal and REPowerEU strategy.