The European Commission will back 41 cross-border energy infrastructure projects with up to €1.25bn ($1.3bn) in grants, including over €250m for 21 hydrogen development studies.
The EU has stated the funding will “help alleviate investment risks associated with this nascent market” and “complement hydrogen policy framework.”
Studies being carried out for the Spanish Hydrogen Backbone have been supported with up to €32.5m ($33.8m), whilst Nordic Hydrogen Route Feasibility and Design studies and BarMar-H2Med Hydrogen Interconnector studies both secured more than €28m ($29m).
Furthermore, studies for Italy’s national hydrogen pipeline and the EmilHY France-Germany hydrogen power plant conversion project each secured over €20m ($21m) in funding.
