State Aid
MEASURE TO SUPPORT RENEWABLE HYDROGEN
The Commission approved a €246 million Dutch scheme to support the production of renewable hydrogen. The scheme will support the construction of at least 60MW of electrolysis capacity. Aid will be awarded through a competitive bidding process this year. Further information is available here.
MEASURE TO SUPPORT DECARBONISATION
The Commission approved two German measures to support ThyssenKrupp Steel Europe in decarbonising its steel production processes and accelerating its uptake of renewable hydrogen. This involves a €550 million direct grant and conditional payment mechanism of up to €1.45 billion. Further information is available here.
MEASURE TO SUPPORT NET-ZERO ECONOMY
The Commission approved a €2.36 billion Hungarian scheme for accelerated investments in strategic sectors to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. Further information is available here.