Germany: EUR 1 billion financial grant to support Salzgitter decarbonise its steel production through the use of hydrogen

Announcement

04 Oct 2022

In October 2022, the European Commission approved a EUR 1 billion financial grant from Germany to support German company Salzgitter Flachstahl GmbH's decarbonisation of its steel production through the use of hydrogen.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Oct 2022

Revocation date:

No revocation date

Updated: 04 Oct 2022

Financial grant In force

On 4 October 2022, the European Commission approved a EUR 1 billion (approx. USD 989 million) German financial grant to support German company Salzgitter Flachstahl GmbH's decarbonisation...

Related State Acts

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

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