The initial stage of funding allocation has been completed for projects focused on renewable hydrogen clusters and valleys. Out of the total applications, 7 projects have been selected, which include 11 hydrogen production plants. These projects have been earmarked to receive 1,214 million euros in funding to support the development of renewable hydrogen production.
Upon completion in 2028, these 11 plants will collectively provide close to 2.3 gigawatts of electrolysis capacity.
In the evaluation process, the primary consideration was to identify and support those projects that demonstrated the highest efficiency in their use of public funds relative to their electrolysis capacity. However, the selection also took into account a range of additional factors, including technical, socio-economic, and environmental aspects. This encompassed an assessment of the applicants’ financial stability, their previous experience, and the advancement level of their proposed projects. Furthermore, extra points were granted to those projects that incorporated educational components in partnership with academic and vocational institutions, as well as those committing to investments in research, development, and innovation (R&D&I).
The funded projects are anticipated to generate approximately 9,000 direct employment opportunities and an additional 10,000 indirect jobs. Special emphasis was placed on supporting projects that enhance the technological and industrial self-sufficiency of Europe, with a requirement that over 90% of the electrolyzers used be sourced from European manufacturers.
It is important to note that the list of selected projects may be subject to change. The allocation of funds will remain provisional until the final list of awardees is officially published.