The Dutch government has taken a significant step in advancing the green hydrogen sector by granting more than €700 million in subsidies to support 11 projects. These projects, selected under the Scaling Up Hydrogen via Electrolysis (OWE) subsidy scheme, aim to boost the large-scale production of green hydrogen using renewable electricity. With a combined electrolysis capacity of 602 MW, these initiatives are crucial in closing the cost gap between green hydrogen and fossil fuels. Despite the high demand for funding, not all applications were approved as some projects were deemed financially unfeasible or lacked clear utilization plans. Companies like Air Liquide, Vattenfall, and Statkraft are among the recipients of the subsidies, with the projects expected to be completed by mid-2030. This move signifies the Dutch government's commitment to promoting sustainability and driving the energy transition towards a greener future.