Global Trade Alert
Global Trade Alert

EU: 7 Member States set up EUR 1.4 billion scheme to support the deployment of hydrogen in the mobility and transport sectors (IPCEI Hy2Move)

Announcement

28 May 2024

In May 2024, the European Commission approved the "Hy2Move" Important Project of Common European Interest established by 7 Member States.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

28 May 2024

Revocation date:

No revocation date

State aid, unspecified In force

On 28 May 2024, the European Commission approved a EUR 1.4 billion (USD 1.5 billion) state aid scheme to support 13 companies in the first industrial deployment project of hydrogen in Estonia, France,...

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