Hydrogen Project HyNCREASE in Germany Qualifies for European Grant

Hydrogen Project HyNCREASE in Germany Qualifies for European Grant

The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring  innovative technologies to the market.

The grants are from the Climate Innovation Fund, backed by revenues from the EU’s Emissions Trading System. The projects are expected to go online by 2030.

Among these projects, a project named HyNCREASE, operated by De Nora, located in Germany is one. The firm will look after the design, construction and validation of highly efficient manufacturing lines for electrolysers and fuel cells. These will operate on the principles of Industry 4.0 principles, promising low carbon footprint of the products. The innovation will pave the path to bring down the total cost of ownership of the electrochemical devices that will be employed towards the conversion of power into hydrogen as well as hydrogen into power. This will also facilitate the reduction of the current economic barriers of clean-tech equipment and encourage their adoption in the market.

The project seeks to augment the production capacity for innovative clean-tech equipment. These entail the manufacture of hydrogen-related novel components, robotic elements. Solutions for electrolyzers and fuel cells will also be manufactured.

Hydrogen Push in Europe

The European Union and REPowerEU plan proposed by the European Commission have developed a comprehensive framework. These intend to increase the adoption of renewable and low-carbon hydrogen. These strategies have been introduced with a vision to decarbonise the EU in a manner that is cost-effective way while also reducing reliance on imported fossil fuels.  The EU has set sights on importing 10 million tons of and create 10 million tons of renewable hydrogen by 2030.

In another initiative that looks at catalysing the hydrogen sector, the EU Introduced a project called ‘IPCEI Hy2Use‘.