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netherlands-commits-e2-1bn-to-green-hydrogen-production-and-introduces-4-industry-mandate
© Orange Pictures / Shutterstock.com
netherlands-commits-e2-1bn-to-green-hydrogen-production-and-introduces-4-industry-mandate
© Orange Pictures / Shutterstock.com

Netherlands commits €2.1bn to green hydrogen production and introduces 4% industry mandate

The Dutch government will allocate €2.1bn ($2.4bn) in subsidies to boost domestic hydrogen production and introduce a 4% mandate for the use of green hydrogen in industrial applications.

The Green Growth Package, proposed by the Deputy Prime Minister and Minister of Climate Policy and Green Growth, Sophie Hermans, and approved by the Dutch Cabinet of Ministers last week (April 25), is designed to accelerate the country’s energy transition.

In particular, significant investment has been earmarked for hydrogen production and use. Up to €2.1bn will be available for green hydrogen production, while €662m ($751m) has been dedicated to encouraging the adoption of green hydrogen within industrial processes.

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