Four Italian companies backed by EU to develop hydrogen

The European Commission has given the get-ahead for the funding of 5.2 billion in public aid, of which around 500 million would go to Italy as part of the second IPCEI on hydrogen, in which four Italian enterprises are taking part.

Investments were presented by Next Chem-Maire Tecnimont, Rina-CSM, SardHy, and South Italy Green Hydrogen that aim to advance the state-of-the-art in hydrogen generation, storage, transportation, and distribution, as well as their practical applications.

Aiming to increase the supply of renewable and low-carbon hydrogen and to permit development and first application of innovative and clean technologies for hydrogen in other industrial sectors like concrete, steel, and glass, the IPCEI “Hy2Use” was included by the Ministry of Economic Development among the projects for which the activation of PNRR resources is foreseen.

There are a total of 35 projects across 13 Member States (Austria, Belgium, Denmark, Finland, France, Greece, Italy, the Netherlands, Poland, Portugal, Slovakia, Spain, and Sweden) that will be carried out thanks to the EU-approved investments; these investments will activate 7 billion in private financing, including 1 billion in Italy.