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EU: 13 Member States set up EUR 5.2 billion scheme to support the hydrogen value chain (IPCEI Hy2Use)

Description

On 21 September 2022, the European Commission approved a EUR 5.2 billion (USD 5.1 billion) financial support scheme to support 29 companies in the hydrogen sector in Austria, Belgium, Denmark, Finland...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Sep 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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