EU approves Spain's €1.2bn renewable hydrogen subsidy scheme

Direct grants will be available for H2 project developers — as long as an offtaker has been secured for more than half the plant’s volumes

European Commission president Ursula von der Leyen (left) and Spanish prime minister Pedro Sánchez.
European Commission president Ursula von der Leyen (left) and Spanish prime minister Pedro Sánchez.Photo: Dati Bendo/European Commission Audiovisual Service
Published 26 July 2024, 13:25Updated 26 July 2024, 13:25
SpainEUEuropeGreen H2Subsidies