Global Trade Alert
Global Trade Alert

Germany: EUR 3 billion state aid scheme to support development of Hydrogen Core Network

Announcement

21 Jun 2024

In June 2024, the European Commission approved a EUR 3 billion German state aid scheme to support the construction of the Hydrogen Core Network (HCN). Under the scheme hydrogen transmission system operators will benefit from guarantees on beneficial loans. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Jun 2024

Revocation date:

No revocation date

State loan In force

On 21 June 2024, the European Commission approved a EUR 3 billion (USD 3.2 billion) state aid scheme from Germany. Under the scheme, the German national promotional bank KfW will provide favourable lo...

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