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e900m-french-package-to-support-renewable-hydrogen-in-industry-and-transport
e900m-french-package-to-support-renewable-hydrogen-in-industry-and-transport

€900m French package to support renewable hydrogen in industry and transport

Renewable hydrogen for use in industry and transport is set to receive support from a €900m ($971m) French support scheme.

Approved by the European Commission on Wednesday (March 27), the package will provide support for the production of heat and fuels from biomass for industry, and liquid fuels from biomass and renewable hydrogen for industry and transport.

Set to be awarded as direct grants, the aid will be open to new installations and projects that are “significantly accelerated or scale up.” Projects will have to be completed and put into operation within 36 months from receiving the grant.

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