Austria has embarked on the Industrial Hydrogen Valley (HI2-Valley) project to drive the decarbonization of its industrial sector and hasten the transition to clean energy. This initiative is designed to curb greenhouse gas emissions and ramp up the production of 10,000 tonnes of green hydrogen annually by 2028. With substantial backing from the European Union, the project will kick off in industrial hubs spanning across Styria, Upper Austria, and Carinthia, with an initial EU grant of 20 million euros. The total investments are projected to soar to 578 million euros by 2030, aiming to achieve an annual production exceeding 18,000 tonnes of green hydrogen. The comprehensive plan encompasses sub-projects that span the entire green hydrogen value chain, encompassing production, transportation, storage, and industrial applications. Specifically, the focus sectors include energy-intensive industries like steel, cement, and raw materials, set to derive significant benefits from this transition to green hydrogen. The project's distribution of focus - 56% on industrial applications, 23% on energy, and 21% on mobility - underscores the strategic pivot towards leveraging green hydrogen within energy-intensive sectors for notable environmental gains.