Sorry, you need to enable JavaScript to visit this website.
European Commission logo
Competence Centre on Microeconomic Evaluation - Tools

Hydrogen production through electrolysis 2024

Abstract
The scheme aims to promote the transition towards climate neutrality by supporting the development of electrolyzing capacity. The aid will take the form of a subsidy and the overall available budget allocated over the period 2024-2042 will be € 998,330,000. Applicants will be ranked according to a cost-efficiency measure, while other criteria will be also considered. Unitary estimated cost is of around €2,5 - €3 million per MW. Therefore, the expected total capacity that can be subsidized will be in the range of 200 MW to 400 MW. Based on this, at least 5 firms will be granted the subsidy. Major obstacles are the many unknowns that may arise in the relevant markets over an almost 20-year horizon, and that may induce successful bidders to withdraw from the project.
Information
Case number
SA.110068
Objective
Environment and energy
Time frame
2024 - 2042
Area
Energy
Member state
NL
Type of scheme
Notified
Methods
N/A
Year of approval
2024
Evaluation reports
Translation disclaimer
English versions of the evaluation reports have been translated from original language using the European Commission's eTranslation language tool.