Seven EU member states are providing €6.9bn in public funding to drive the development of a continent-wide hydrogen value chain.
France, Germany, Italy, the Netherlands, Poland, Portugal, and Slovakia are jointly preparing the ‘IPCEI Hy2Infra’ project, which aims to unlock €5.4bn in private investments.
The project will assess the deployment of 3.2 Gigawatts (GW) of large-scale electrolysers to produce renewable hydrogen; the deployment of new and repurposed hydrogen transmission and distribution pipelines of approximately 2,700 km; the development of large-scale hydrogen storage facilities with capacity of at least 370 GWh; and the construction of handling terminals and related port infrastructure for liquid organic hydrogen carriers (LOHC) to handle 6,000 tonnes of hydrogen a year.
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