EU approves billions in state aid for hydrogen value chain
The IPCEI Hy2Move project focuses on research, innovation, and “a wide part of the hydrogen technology value chain.” It was jointly prepared and registered by the seven EU member states: Germany, Estonia, France, Italy, the Netherlands, Slovakia, and Spain. These countries will provide up to 1.4 billion euros in public funding. According to the European Commission, it could “unlock an additional €3.3 billion in private investments.”
As mentioned above, this IPCEI will fund a total of 13 projects from 11 companies. These include small and medium-sized enterprises (‘SMEs’), and startups. They will cover projects such as:
developing fuel cell vehicle platforms for use in buses and trucks, to integrate hydrogen technologies in mass transport applications,
developing high-performance fuel cell technologies for ships and locomotives,
developing the next generation of on-board storage solutions for H2 for air travel,
producing 99.99% pure fuel-cell-grade hydrogen for refuelling stations for mobility and transport applications.
“All 13 projects part of the IPCEI are highly ambitious, as they aim at developing technologies and processes that go beyond current technology and will allow major improvements notably in the areas of mobility and transport applications, fuel cells, on-board hydrogen storage and generation of hydrogen for the use in mobility and transport,” the Commission writes in its press release.
Among the companies to receive funding are Airbus and BMW, as well as Hydrogène de France, Skeleton, and Tomark.
This is the fourth IPCEI for the promotion of hydrogen’ IPCEI Hy2Move’ and complements the first three IPCEIs on the hydrogen value chain. The first one, ‘ICEI Hy2Tech‘ was approved in July 2022. ‘IPCEI Hy2Use’ and ‘IPCEI Hy2Infra’ followed in September 2022 and February 2024, respectively.
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