- A new EU initiative will secure subsidies for hydrogen projects in Europe.Â
- Norway is now signing up.
It is the EU’s so-called IPCEI for hydrogen Norway is now joining.
IPCEI is an abbreviation for “important projects of common European interest”. The initiative will ensure that state aid is channeled to projects that can put European industry in the driver’s seat globally.
– Hydrogen will be important to achieve our climate goals. Norway has good conditions for developing and using the technology, but we do not have to do everything alone, says Minister of Climate and Environment Sveinung Rotevatn (V) in a press release.
– By connecting to Europe’s hydrogen investment, we can both accelerate development and give Norwegian companies a good opportunity to increase the quality of their projects, he says.
The European Commission has characterized IPCEI as a powerful tool in climate policy. Two IPCEIs for battery technology have already been launched.
In the new IPCEI for hydrogen, Norway will participate together with countries such as Germany and Denmark. The goal is to support the development of innovative hydrogen technology.
The projects will be exempt from the usual rules for state aid. They must be notified separately to the EEA Authority ESA.
Enova will have the main responsibility for managing the Norwegian participation.
Source: NTB
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