HomeNewsEuropean Commission approves up to EUR 5.4 billion of public support by fifteen Member States for the hydrogen technology value chain

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European Commission approves up to EUR 5.4 billion of public support by fifteen Member States for the hydrogen technology value chain

7/15/2022

Press Release - European Commission   The Commission has approved, under EU State aid rules, an Important Project of Common European Interest (‘IPCEI') to support research and innovation and first industrial deployment in the hydrogen technology value chain. The project, called IPCEI Hy2Tech was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to EUR 5.4 billion in public funding, which is expected to unlock additional EUR 8.8 billion in private investments. As part of this IPCEI, 35 companies with activities in o

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