Hydrogen energy storage subsidy scheme
As the photovoltaic (PV) industry continues to evolve, advancements in Hydrogen energy storage subsidy scheme have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
6 FAQs about [Hydrogen energy storage subsidy scheme]
What is the Subsidy Scheme for hydrogen production using an electrolyser?
The subsidy scheme for large-scale hydrogen production using an electrolyser reimburses this difference between the cost of generating renewable hydrogen and the cost of generating hydrogen with an SMR, i.e. the operating shortfall. For this reason, you are given a subsidy for the operating part along with the subsidy for the investment part.
How much is a hydrogen subsidy?
The total subsidy amount for investment and operation is up to € 9 per kilogram of fully renewable hydrogen. The subsidy amount of €9 per kilogramme is derived from the maximum of € 1,000 in subsidy per each ton of carbon dioxide not produced. More information about subsidy amounts is available under ‘What are you given a subsidy for?’.
How does a hydrogen subsidy work?
You get a subsidy for the operating part spread over a minimum of 5 and a maximum of 10 years after your facility is built. The operating part is for the fully renewable hydrogen actually produced. The operating part consists of a subsidy per kilogram of produced hydrogen.
What is a non-renewable hydrogen subsidy?
If your facility is able to produce non-renewable hydrogen, then the reduction in the emission of greenhouse gas from the hydrogen produced must be at least 70%. This requirement is set out in Delegated Act (EU) 2023/1185. If the pressure of the hydrogen in your plant increases to a maximum of 70 bar, the subsidy covers the costs of the compressor.
Where can I find information about federal incentives for hydrogen fuel cell projects?
The U.S. Department of Energy Hydrogen and Fuel Cell Technologies Office in the Office of Energy Efficiency and Renewable Energy offers information about federal and state financial incentives for hydrogen fuel cell projects. Subscribe to receive news and updates by email.
Which provinces have unleashed local subsidy schemes for hydrogen fuel cell vehicles?
According to Energy Iceberg’s research, 11 provinces unleashed local subsidy schemes to provide additional financial leverages to hydrogen fuel cell vehicles. They are: Zhejiang: 1:0.5 Chongqing: 1:0.8 Henan: 1:0.3 Local subsidy has clearly ballooned compared to 2018 and previous years.