European Commission okays €1.2 billion Spanish renewable hydrogen scheme

The European Commission has approved a €1.2 billion Spanish scheme to support investments in renewable hydrogen production to foster the transition to a net-zero economy
The scheme, approved under the State Aid Temporary Crisis and Transition Framework (TCTF), will be fully funded through the Recovery and Resilience Facility (RRF) following the Commission’s positive assessment of Spain’s Recovery and Resilience Plan and its adoption by the Council.
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It will support investments in the production of renewable hydrogen with an installed capacity of at least 100 MW. Investments may encompass the production of renewable hydrogen-derived fuels, renewable hydrogen storage and the production of renewable electricity.
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European Commission okays €1.2 billion Spanish renewable hydrogen scheme
The European Commission has approved a €1.2 billion Spanish scheme to support investments in renewable hydrogen production.
https://www.offshore-energy.biz/european-commission-okays-e1-2-billion-spanish-renewable-hydrogen-scheme/
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