LONDON (ICIS)–The European Commission has
approved a €246million funding scheme to the
Netherlands to support the production of
renewable hydrogen, the commission said in a
press release 28 July.
The scheme will support the construction of at
least 60MW of electrolysis capacity, which will
be awarded through a competitive bidding
process due to be completed before the end of
2023.
The aid will take the form of a direct grant
for a period between seven years and 15 years.
The Netherlands is seeking to develop 500MW of
electrolyser capacity by 2025 and 3-4GW by
2030, according to the country’s Hydrogen
Strategy.
However, this will not be enough to be able to
cover domestic hydrogen demand with the country
also seeking to pursue imports of seaborne
renewable ammonia, renewable hydrogen pipeline
imports, and domestic production of steam
methane reforming (SMR) natural gas facilities
with carbon capture and storage (CCS) attached.
Indeed, data from ICIS Horizon Power Forecast
showed that Dutch hydrogen demand would reach
46TWh by 2030 and increase to 65TWh by 2040
with the vast majority seen being used by the
chemicals industry.
Hydrogen production capacity in the country is
seen at 49TWh by 2030 of which 9TWh will be
electrolysis, before rising to 56TWh by 2040
with electrolysis at 34TWh and CCS-enabled SMR
facilities at 22TWh.
https://www.icis.com/explore/resources/news/2023/07/28/10910217/ec-approves-246m-dutch-scheme-to-support-renewable-hydrogen
