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
  • TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN
  • Hydrogen Insurance Market Surge Reflects Industrial Safety Challenges as Project Pipeline Expands
  • Spain’s Hydrogen Infrastructure Faces Environmental Roadblock
  • Nuclear Site Transformation: EnBW’s 400MW Battery Plan Tests Germany’s Storage Economics
  • 2025 Global Electricity Market: Growth, Emissions Challenges, and Renewable Energy Dynamics
  • Tesla’s $4.3B South Korean Battery Deal Exposes Critical Supply Chain Vulnerabilities as Tariff Pressures Mount
  • Austria’s €3.5B Hydrogen Gambit: Infrastructure Investment Against European Market Skepticism
  • Brazil’s Hydrogen Pipeline Swells to 111 Projects—But Deep Challenges Stall Progress
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 - Hydrogen
Green Hydrogen H2 News

European Commission €28B funding for clean energy projects led by US

Anela DoksoBy Anela Dokso27/09/20222 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

The Clean Energy demonstration challenge, spearheaded by the United States, has been granted €28 billion by the European Commission to aid in the commercialization of new technologies and speed up the energy transition.

As part of a larger push to reach net zero emissions by 2050, US Vice President Joe Biden launched the clean energy challenge in June, promising $90 billion in public investment from 2022 to 2026. Funding from the EU is provided through the Horizon Europe research program, the Innovation Fund, and InvestEU.

Industries that have a hard time transitioning away from fossil fuels include steel production; the government funding is meant to attract private investment to speed up the rollout of large-scale clean energy technology demonstration projects.

The eventual $94 billion in pledges to the Clean Energy Technologies demonstration challenge far above projections.

In addition to the European Commission, governments from Australia, Canada, Finland, France, Germany, Japan, the Netherlands, Norway, Poland, the Republic of Korea, Singapore, Sweden, the United Arab Emirates, and the United Kingdom are all participating in the challenge.

Hybrit is a European project that aims to replace coking coal with fossil-free power and hydrogen, making it the first technology of its kind in the world. The Swedish steel and iron industries, as well as the Swedish energy industry, are all contributing to the development of Hybrit.

With initiatives like the Hydrogen Strategy and REPowerEU, the Commission aims to reduce its dependency on fossil fuels and boost energy security in the wake of Russia’s invasion of Ukraine.

The European Bauhaus, the Health Emergency Preparedness and Response Authority, and the Bill Gates Breakthrough Energy initiative have all been funded out of the Horizon budget, raising worries among member states that the Commission is diverting resources away from fundamental R&D.

Share. LinkedIn Twitter Facebook Email

Related Posts

NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

31/07/2025
hydrogen

Hydrogen Insurance Market Surge Reflects Industrial Safety Challenges as Project Pipeline Expands

31/07/2025
Hydrogen

Spain’s Hydrogen Infrastructure Faces Environmental Roadblock

31/07/2025
storage energy Battery

Nuclear Site Transformation: EnBW’s 400MW Battery Plan Tests Germany’s Storage Economics

31/07/2025
Electricity

2025 Global Electricity Market: Growth, Emissions Challenges, and Renewable Energy Dynamics

31/07/2025
Battery

Tesla’s $4.3B South Korean Battery Deal Exposes Critical Supply Chain Vulnerabilities as Tariff Pressures Mount

30/07/2025
NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

31/07/2025
hydrogen

Hydrogen Insurance Market Surge Reflects Industrial Safety Challenges as Project Pipeline Expands

31/07/2025
Hydrogen

Spain’s Hydrogen Infrastructure Faces Environmental Roadblock

31/07/2025
storage energy Battery

Nuclear Site Transformation: EnBW’s 400MW Battery Plan Tests Germany’s Storage Economics

31/07/2025

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.