Luxembourg (Urban Transport News): In a significant move towards advancing the goals of the European Green Deal and the REPowerEU Plan, the European Commission has given its approval for a third Important Project of Common European Interest (IPCEI) known as "IPCEI Hy2Infra." This approval follows the joint proposal by seven Member States, namely France, Germany, Italy, the Netherlands, Poland, Portugal, and Slovakia.
The IPCEI Hy2Infra is set to receive up to €6.9 billion in public funding, a strategic investment aimed at unlocking €5.4 billion in private investments. The primary objective of this project is to accelerate the deployment of renewable hydrogen infrastructure, ultimately reducing reliance on natural gas and aligning with the EU's ambitious climate targets.
The IPCEI Hy2Infra spans various facets of the hydrogen value chain, providing crucial support to:
This initiative is not only ambitious but also collaborative, with 32 companies, including small and medium-sized enterprises (SMEs), participating in 33 projects. The projects aim to ensure interoperability, common standards, and the prevention of barriers to facilitate future market integration.
Anticipated developments include the operationalization of large-scale electrolyzers between 2026 and 2028, pipelines between 2027 and 2029, and the overall completion of projects by 2029. The IPCEI Hy2Infra is designed to gradually establish an EU-wide hydrogen infrastructure, starting from different regional clusters.
This approval builds on the success of the first and second IPCEIs focused on the hydrogen value chain—Hy2Tech and Hy2Use, respectively. While the former concentrates on hydrogen technologies for end users, the latter emphasizes hydrogen applications in the industrial sector. Hy2Infra complements these efforts by addressing infrastructure investments not covered in the initial IPCEIs.
The European Commission, following a thorough evaluation, determined that the IPCEI Hy2Infra aligns with EU State aid rules. Key considerations include:
The IPCEI Hy2Infra encompasses 33 projects involving 32 companies, including five SMEs. Close collaboration with external partners, such as transmission system operators, universities, and research organizations, is anticipated. Some Member States, including France, Germany, Poland, and Portugal, have included their participation in their Recovery and Resilience Plans, partially funding projects through the Recovery and Resilience Facility.
This decision is part of broader Commission efforts to support an innovative and sustainable European hydrogen industry. It aligns with the REPowerEU plan, targeting 10 million tonnes of domestic renewable hydrogen production and imports by 2030. The European Parliament and Council's provisional agreement on updated EU rules for a hydrogen market further underscores the commitment to climate neutrality by 2050.
Executive Vice-President Margrethe Vestager emphasizes the importance of this IPCEI in establishing regional infrastructure clusters and contributing to Europe's climate-neutral aspirations. Commissioner Thierry Breton highlights the collaborative investment of over €12 billion from 32 companies, including SMEs, supporting the decarbonization of industries and job creation.
The approval of the IPCEI Hy2Infra marks a significant milestone in the European Union's journey towards a sustainable and innovative hydrogen industry. With ambitious projects, collaborative efforts, and strategic funding, this initiative sets the stage for a cleaner and more resilient future. As various Member States come together to drive renewable hydrogen development, the IPCEI Hy2Infra emerges as a crucial step towards making Europe the first climate-neutral continent by 2050.