Portugal's Green Hydrogen Initiative: Funding 17 Projects for a Sustainable Future
Key Ideas
- Portuguese Government approves €70 million funding for 17 hydrogen and renewable gas projects under REPowerEU.
- Selection based on decarbonisation potential, efficiency, and innovation to boost green hydrogen production capacity.
- Investment aligns with EU climate goals, enhances energy independence, and fosters national innovation for a sustainable future.
The Portuguese Government has recently given the green light to funding 17 projects focused on hydrogen and renewable gases with a total investment of €70 million. These projects, part of the REPowerEU regulation under the Recovery and Resilience Plan (PRR), aim to advance Portugal's capacity for green hydrogen production. Companies like Mota-Engil Bioenergy, Recivalongo, and Sãra Green Energy are among the beneficiaries selected through a competitive process. The selection criteria included factors like decarbonisation potential, investment efficiency, and technical capacity. Minister Maria da Graça Carvalho highlighted how Portugal's investment in clean energy contributes to the country's energy independence and innovation, aligning with the EU's climate and energy objectives.
Topics
Europe
Renewable Energy
Innovation
Investment
Environmental Sustainability
Climate Goals
Government Funding
European Union
Energy Independence
Latest News