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ARTICLE · 18 APRIL 2024

State Aid - Horizon Scanner: Infrastructure, Construction, Energy, April 2024

Arthur Cox
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The European Commission approved a €350 million German scheme to boost renewable hydrogen production through the European Hydrogen Bank's "Auctions-as-a-Service" tool. Germany intends...

European UnionEnergy and Natural Resources
Arthur Cox
Arthur Cox
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RENEWABLE HYDROGEN PRODUCTION

The European Commission approved a €350 million German scheme to boost renewable hydrogen production through the European Hydrogen Bank's "Auctions-as-a-Service" tool. Germany intends to support the construction of up to 90MW of electrolysis capacity, targeting the production of 75,000 tonnes of renewable hydrogen by 2030. Further information can be found here.

RENEWABLE ENERGY GENERATION AND STORAGE PROJECTS

The Commission sanctioned a €1 billion Greek scheme to support two renewable energy projects focused on constructing photovoltaic units with thermal storage, and lithium-ion battery energy storage. The projects are expected to boost annual renewable energy production by 1.2 TWh and enhance grid stability. Further information can be found here.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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