The EU Commission approves up to €5.4B of State aid from 15 Member States for an Important Project of a Common European Interest in the hydrogen technology value chain

State Aid: Commission approves up to €5.4 billion of public support by fifteen Member States for an Important Project of Common European Interest in the hydrogen technology value chain* The Commission has approved, under EU State aid rules, an Important Project of Common European Interest (‘IPCEI') to support research and innovation and first industrial deployment in the hydrogen technology value chain. The project, called “IPCEI Hy2Tech” was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to €5.4 billion in public funding, which is expected to unlock additional €8.8 billion in private investments. As part of

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European Commission, The EU Commission approves up to €5.4B of State aid from 15 Member States for an Important Project of a Common European Interest in the hydrogen technology value chain, 15 July 2022, e-Competitions August 2022, Art. N° 107763

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