Germany has prepared a EUR 3 billion mechanism, and received approval from the European Commission, to support the construction of the Hydrogen Core Network of long-distance transmission pipelines and associated infrastructure. The aid will take the form of state guarantees allowing operators to obtain more favorable loans to cover initial losses.
The European Commission has approved, under the European Union’s state aid rules, a German scheme of an estimated EUR 3 billion to support the construction of the Hydrogen Core Network or HCN. The measure will…
