The Dutch government's initiative to subsidize green hydrogen production has received a significant boost with €1bn in grants after passing EU scrutiny on competition and state-aid regulations. This funding will support projects with over 200MW of electrolysis capacity, aiming to achieve 500MW by 2025 and 4GW by 2030. Individual projects must be at least 500kW in size, and grants can cover up to 80% of companies' investment costs. The EU's approval of this funding emphasizes the importance of green hydrogen in achieving climate goals, with a focus on reducing carbon emissions. The electrolysis process for hydrogen production must come from renewable sources to be considered green, aligning with EU criteria. The Dutch government's plan not only supports the EU's hydrogen strategy and Green Deal but also contributes to the 'REPowerEU' initiative to offset natural gas dependency. This scheme is projected to prevent 55,000 tonnes of CO2 emissions annually until 2030 and supports the EU's target of 6GW of renewable hydrogen production by 2024 and 40GW by 2030. The positive sentiment from EU competition commissioner Margrethe Vestager highlights the significance of renewable hydrogen in achieving climate neutrality and praises the Dutch plan for promoting the growth of green hydrogen production while minimizing competition distortions.