Capacity 602 MW – The Netherlands spent 700 million euros to subsidize 11 hydrogen energy projects

The Netherlands has launched 11 new projects involving large-scale electrolyzers, with a capacity of about 602 MW of subsidized electrolyzers. Refineries, the chemical industry and petrol stations could benefit from with 602 MW of electrolysis capacity, three times the capacity of the largest hydrogen plant currently under construction in the Netherlands.” It can meet the hydrogen demand of 5000 hydrogen trucks for one year. Subsidized enterprises will accumulate experience in technology application, approval process and sustainable hydrogen energy certification, and the core goal of subsidies is to accelerate the development process of sustainable hydrogen energy.

For these projects from the second round of funds of the Dutch “Large-scale Renewable Hydrogen Electrolysis Production Subsidy Scheme (OWE)”, totaling more than 700 million euros.

Original intention of the subsidy OWE Subsidies are intended to reduce the cost gap (the “loss element”) between producing sustainable and fossil-based hydrogen energy. In order to determine the target of subsidies, the average subsidy for the 11 winning projects of the Netherlands Enterprise Bureau (RVO.11) is 1.78 million euros per megawatt of electrolytic capacity, and enterprises need to complete the project construction by mid-2030.

As a subsidiary of Air Liquide Group, a French industrial gas giant, has settled in Rotterdam Air Liquide Industry, focusing on large-scale green hydrogen production. It is developing the “Ely Gator Project” (200 MW electrolyzer) to supply renewable hydrogen to the industrial platform of Total Energy; At the same time, it cooperated with Vattenfall to carry out the “CurtHyl Project”, which uses the abandoned wind power of Vattenfall Slavtedam Wind Farm to produce hydrogen and distribute it through the pipeline network of liquefied air. The company plans to expand its European low-carbon hydrogen business portfolio, aiming to reduce carbon dioxide emissions by up to 500,000 tons per year.