EU approves Dutch renewable hydrogen subsidy plan


  • World
  • Tuesday, 30 Jul 2024

THE HAGUE, July 29 (Xinhua) -- The European Commission announced on Monday that it has approved a 998 million euros (1 billion U.S. dollars) Dutch subsidy scheme aimed at boosting the country's electrolysis capacity and supporting the production of renewable hydrogen.

This initiative aligns well with Brussels' green agenda, the commission said in a press release, explaining that it aims to contribute to the development of renewable hydrogen in accordance with the objectives of the European Union (EU) Hydrogen Strategy and the European Green Deal.

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