EU Approves Austrian and Lithuanian State Aid Schemes for Renewable Hydrogen Production
The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025. The schemes will contribute to the objectives of the Clean Industrial Deal to accelerate the decarbonisation of EU industry while strengthening its competitiveness, of the REPowerEU Plan to reduce dependence on Russian fossil fuels and accelerate the green transition, as well as the EU Hydrogen Strategy.
You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
2025 concludes with 1.5GWh+ of European BESS project completions, financing and supply deals
It’s our first week back to normal service so here’s a roundup of the past few weeks of BESS action in Europe, with projects movin…
DOE awards USD2.7 billion to strengthen US uranium enrichment
General Matter, American Centrifuge Operating and Orano Federal Services have each been awarded USD900 million of funding by the U…
Agreement extension enables continued development of Polish plant
Polish power company Polskie Elektrownie Jądrowe has signed an amendment with the Westinghouse-Bechtel Consortium enabling the imp…
BWRX-300 to be considered for deployment in Bulgaria
Blue Bird Energy - a Bulgarian company focused on deploying small modular reactors - has signed a Letter of Intent with Poland's S…
Global Giants Are Investing in Clean Tech Despite Politics Climate pragmatism outweighs denialism
The Trump administration has given corporations plenty of convenient excuses to retreat from their climate commitments, with its m…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.
