Article

The European Commission has approved a €200 million German initiative to support renewable hydrogen production in Canada, aimed at supplying the EU market. This scheme, part of the Clean Industrial Deal and EU Hydrogen Strategy, is expected to unlock an additional €200 million from Canada and facilitate the construction of up to 300 MW of electrolysis capacity, potentially preventing 2.47 million tonnes of CO2 emissions. Beneficiaries must adhere to EU production criteria for renewable fuels of non-biological origin.