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. 

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Jun 2024

Revocation date:

No revocation date

Updated: 21 Jun 2024
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 favou...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.