Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block
  • EnviaM ‘Green Bridge’ Exit Underscores Challenges for Germany’s Green Hydrogen Plans
  • French Audit Court Warns Hydrogen Strategy Is ‘Ambitious but Unrealistic,’ Flags Funding Misalignment
  • Alleged Climate Lawsuit Funding Sparks Industrial Backlash Amid Hydrogen Policy Tensions
  • China Approves $780M Green Hydrogen Project in Bayannur as Industry Eyes Scale and Storage
  • Fortescue Shifts Focus from Green Hydrogen as Key Executive Departs Amid Strategic Recalibration
  • McPhy Struggles to Attract Buyers Before Liquidation Looms
  • New NEXO Launches Amid Structural Headwinds in South Korea’s Hydrogen Mobility Push
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Europe
Green Hydrogen H2 News

EU hydrogen funding a positive boost for sector says JPMorgan

Arnes BiogradlijaBy Arnes Biogradlija20/07/20222 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

According to JPMorgan, the European Union’s announcement of €5.4 billion in funding for the first global hydrogen project will act as a “positive catalyst” for subsector growth in the second half of the year.

In accordance with EU state aid regulations and as a component of the REPowerEU plan, which was unveiled in May to diversify the EU’s energy sources in the wake of disputes with Russia over its invasion of Ukraine, the European Commission announced late last week that public funding for the Hy2Tech project had been approved.

A total of €14.2 billion is anticipated in investments for the significant project of common European interest (IPCEI), which includes 35 businesses and 41 projects from 15 member states.

Developing cutting-edge solutions for the hydrogen value chain to decarbonize industrial processes and mobility is the goal of IPCEI Hy2Tech, the first IPCEI in the hydrogen industry.

According to European Commissioner Margrethe Vestager, the project will play a part in helping the EU start to diversify its energy supplies and contribute to decarbonization targets, even though the European hydrogen market is still in its early stages as a result of Russia’s attack on Ukraine. The research and development will also be “widely disseminated” and benefit other businesses.

It “stands as a good trigger for kick-starting the H2 transition here in Europe,” the JPMorgan analysts said, to provide a generous amount of financing to promote the hydrogen transition in Europe and speed up growing portions of the hydrogen supply chain.

JPMorgan stated in a letter to clients that further EU financing announcements are anticipated in the third and fourth quarters of the year.

The IPCEI news confirms our belief that H2 investment is moving swiftly and that larger project FID approvals are probable over the next 12 to 18 months, even though policy momentum in the US once more seems to have possibly halted.

“We also anticipate that growing anxiety about Russia’s supply of gas to Europe will hasten investment in green H2.”

Given the low entry hurdles and consequent margin pressure in the European hydrogen subsector, JPMorgan stated that it is still “more cautious” and “continues to urge investors to adopt a relative approach to the industry.”

Share. LinkedIn Twitter Facebook Email

Related Posts

Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

11/06/2025
hydrogen

EnviaM ‘Green Bridge’ Exit Underscores Challenges for Germany’s Green Hydrogen Plans

11/06/2025
hydrogen

French Audit Court Warns Hydrogen Strategy Is ‘Ambitious but Unrealistic,’ Flags Funding Misalignment

11/06/2025
Green Hydrogen

Alleged Climate Lawsuit Funding Sparks Industrial Backlash Amid Hydrogen Policy Tensions

11/06/2025
hydrogen

China Approves $780M Green Hydrogen Project in Bayannur as Industry Eyes Scale and Storage

11/06/2025
McPhy Struggles to Attract Buyers Before Liquidation Looms

McPhy Struggles to Attract Buyers Before Liquidation Looms

10/06/2025
Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

Nikola’s Hydrogen Dreams Dissolve as Assets Head to Auction Block

11/06/2025
hydrogen

EnviaM ‘Green Bridge’ Exit Underscores Challenges for Germany’s Green Hydrogen Plans

11/06/2025
hydrogen

French Audit Court Warns Hydrogen Strategy Is ‘Ambitious but Unrealistic,’ Flags Funding Misalignment

11/06/2025
Green Hydrogen

Alleged Climate Lawsuit Funding Sparks Industrial Backlash Amid Hydrogen Policy Tensions

11/06/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.