Netherlands Awards €700m to 602MW of Green Hydrogen Projects
- Details: The Dutch government announced 11 winners in a subsidy auction, allocating €700 million to green hydrogen projects with a combined capacity of 602MW, part of a €998 million budget. This initiative aims to accelerate sustainable hydrogen development, with the subsidies supporting electrolysis capacity significantly higher than previous projects like Holland Hydrogen 1.
- Relevance: This aligns with government policies in the EU, particularly the Netherlands, and reflects investment trends through government-backed subsidies, a form of risk-sharing agreement.
- Key Takeaway: The Dutch government's significant investment highlights strong policy support for green hydrogen in Europe, fostering growth and innovation.
- Source: H2 View, published July 18, 2025.