European Commission Greenlights Two Danish Schemes Supporting Sustainability Technologies

The European Commission's approval of two Danish Schemes paves the way for the rollout of similar state-aid schemes across Europe and contributes to achieving the European Green Deal.

The European Commission has recently approved two Danish state aid schemes:

• A €170 million scheme to support the production of renewable hydrogen through Power-to-X technologies ("The PtX Scheme"); and
• A €1.1 billion scheme to support the roll-out of carbon capture and storage technologies ("The CSS Scheme").

The approvals by the European Commission are in line with the objectives targeted in the European Green Deal and the 2022 Guidelines on State aid for climate, environmental protection and energy ("CEEAG"). For further information on the CEEAG and the European Green Deal please refer to our previous article on State aid and sustainability.