6.9 billions European funding for a hydrogen IPCEI

pipeline hydrogene vers maisons illustrant transformation du secteur energie vers sources energie propres neutres carbone sures independantes pour remplacer gaz naturel dans maisons scaled

Following IPCEI Hy2Tech and IPCEI H2Use, here is a third Important Project of Common European Interest, focusing on hydrogen transport infrastructure. It is called Hy2Infra and involves 7 European Member States, including France.

The other countries are Germany (which is behind this initiative), Italy, the Netherlands, Poland, Portugal and Slovakia. According to the press release, Member States will provide up to €6.9 billion in public funding. This should leverage a further €5.4 billion in private investment. As part of this IPCEI, 32 companies operating in one or more Member States, including SMEs, will take part in 33 projects.

This third IPCEI Hy2Infra will cover a large part of the hydrogen value chain. The project will support the deployment of 3.2 GW of large-scale electrolysers to produce renewable hydrogen. And more importantly, the deployment of hydrogen transmission and distribution pipelines (new or converted) of approximately 2,700 km. This is a good sign for Europe’s pipeline projects and the European backbone carried by a number of players.

Read more on https://hydrogentoday.info/en/europe-hydrogen-ipcei/

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