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2024

EU Approves $3.2 Billion German Aid for Hydrogen Pipeline Network

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The European Commission has allowed Germany to grant $3.2 billion (3 billion euros) in state aid to support the construction of a pipeline system for hydrogen transportation. The European Commission said on Friday that it had approved, under EU State aid rules, the German scheme to support the construction of the Hydrogen Core Network (HCN). The network is expected to be the backbone of long-distance transport pipelines for hydrogen in Germany and part of the European hydrogen backbone connecting several EU member states. The German state…