The European Commission has recently approved a substantial €998m Dutch scheme geared towards bolstering the production of renewable hydrogen. This initiative will involve the construction of a minimum of 200 MW of electrolysis capacity in the Netherlands. The scheme will allocate aid through a competitive bidding process scheduled to conclude in 2024. Eligible projects must have a capacity of at least 0.5 MW and will receive a direct grant comprising an upfront investment grant covering up to 80% of the investment costs, along with a variable premium spread over 5 to 10 years. Beneficiaries are required to demonstrate compliance with the EU criteria for producing renewable fuels of non-biological origin. The approval of this scheme follows a previous one in July 2023 that targeted small-scale electrolysers. These efforts are part of the Netherlands' overarching plan to achieve 500 MW of electrolyser capacity by 2025 and escalate it to 3-4 GW by 2030. Simultaneously, it will support the EU's ambitions to establish a minimum of 6 GW of renewable hydrogen electrolysers by 2024 and at least 40 GW by 2030. This initiative is in line with the EU Hydrogen Strategy and the European Green Deal, promoting the development of renewable hydrogen and contributing to the goals of the REPowerEU Plan to lessen reliance on Russian fossil fuels and hasten the green transition. The European Commission's endorsement of this scheme underscores the commitment to advancing sustainable energy practices in the region.