The Russian Government will subsidize innovative companies working in the field of hydrogen energy

Industry news
25 October 2023
Russian Government will compensate scientific organizations, enterprises and companies for up to 70% of the costs of developing technologies for the production, transportation and storage of hydrogen, which will then be used in the implementation of large projects in the field of hydrogen energy. The decree approving the rules for providing subsidies for these purposes was signed by Prime Minister Mikhail Mishustin.

Funds will be allocated to organizations that have passed the competitive selection process of the Ministry of Energy. They can be used to pay employees directly involved in the development of new technologies, material costs associated with such research, the purchase of Russian-made raw materials, and the creation of pilot batches of products. The subsidy can be provided for up to three years.

In 2023–2024, funds in the amount of more than 1.3 billion rubles have been reserved in the federal budget for the payment of subsidies.

The work is being carried out within the framework of the federal project “Clean Energy”, the state program “Scientific and Technological Development of the Russian Federation” and the state program “Energy Development”.