EU Funding Secures Green Hydrogen Projects in the Netherlands, Germany, and Norway
Key Ideas
  • Projects in the Netherlands, Germany, and Norway secured funding in the EU's green hydrogen tender.
  • Vattenfall and CIP received EUR 246m from the EU Hydrogen Bank for their PTX project at IJmuiden Ver Beta wind project.
  • Zeevonk joint venture to produce 411,000 tons of green hydrogen over ten years with a price supplement of EUR 0.6/kg.
  • Readers can access the full article by purchasing a subscription for more industry insights and news.
The EU has granted funding to green hydrogen projects in the Netherlands, Germany, and Norway. Among the notable winners, Vattenfall and CIP secured EUR 246m from the EU Hydrogen Bank for their PTX project at the Dutch offshore wind project IJmuiden Ver Beta. This joint venture, named Zeevonk, plans to produce 411,000 tons of green hydrogen over a decade, with a price supplement of EUR 0.6/kg. The projects mark a significant step in the transition towards sustainable energy sources and the utilization of offshore wind turbines for green hydrogen production. Subscribers can access further details about these developments and more industry news by purchasing a subscription to EnergyWatch. Stay informed and ahead of sector knowledge by subscribing to newsletters and gaining valuable insights into the energy sector's latest advancements and projects.
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