EU Commits Over €250M to Hydrogen Projects in 2025 Funding Announcement
Key Ideas
  • The European Commission has allocated a significant portion of its €1.25bn grant funding to support 21 hydrogen development studies, aiming to mitigate investment risks in the emerging hydrogen market.
  • Various hydrogen projects across Europe, such as the Spanish Hydrogen Backbone, Nordic Hydrogen Route, and Italy's national hydrogen pipeline, have received substantial funding for feasibility and design studies.
  • The funded initiatives, recognized as Important Projects of Common Interest (IPCEI) and Projects of Mutual Interest (PMI), are vital for the EU's transition to alternative infrastructure and its efforts to decarbonize economies and integrate energy markets.
  • European Commissioner for Energy and Housing, Dan Jørgensen, emphasized the significance of hydrogen projects in the funding allocation, marking the inclusion of hydrogen and offshore electricity grid projects for the first time in such initiatives.
The European Commission has announced its support for 41 cross-border energy infrastructure projects through a €1.25bn grant, with over €250m specifically designated for 21 hydrogen development studies. This funding aims to address investment risks in the evolving hydrogen market and complement existing hydrogen policy frameworks. Notable projects receiving support include the Spanish Hydrogen Backbone, Nordic Hydrogen Route, and Italy's national hydrogen pipeline, each obtaining substantial funding for feasibility and design studies. The funded initiatives, categorized as Important Projects of Common Interest and Projects of Mutual Interest, play a crucial role in the European Union's goal to transition to alternative infrastructure, decarbonize economies, integrate energy markets, and enhance industry competitiveness. European Commissioner Dan Jørgensen highlighted the groundbreaking inclusion of hydrogen projects in this funding round, underscoring the importance of hydrogen alongside offshore electricity grid projects for advancing decarbonization efforts. The next call for proposals under the Connecting Europe Facility (CEF) energy funding is scheduled for later in 2025, reinforcing the EU's commitment to supporting sustainable energy projects and stimulating the hydrogen market's growth.
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