India, Jan. 30 -- European Commission has approved, under EU State aid rules, a €200 million German scheme to support the production in Canada of renewable hydrogen and its derivatives, known as renewable fuels of non-biological origin (RFNBOs).

These RFNBOs will be imported to Germany and sold in the EU, contributing to the objectives of the Clean Industrial Deal, the EU Hydrogen Strategy, and the REPowerEU Plan to reduce dependence on Russian fossil fuels and accelerate the clean transition.

German scheme

Germany notified the Commission of its intention to introduce a €200 million scheme to cost-efficiently support RFNBO production in Canada. This budget will unlock an additional €200 million of funding provided by ...