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EU: 15 Member States set up EUR 5.4 billion scheme to support the development of hydrogen technologies (IPCEI Hy2Tech)

Description

On 15 July 2022, the European Commission approved a EUR 5.4 billion (USD 5.5 billion) financial grant scheme to support 35 companies in the hydrogen sector in Austria, Belgium, Czechia, Denmark, Eston...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jul 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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