Political majority allocates funds to hydrogen project
The industry applauds a broad political agreement to allot around USD 136 million to the Danish participation in the EU's green hydrogen project. Hydrogen is expected to play a significant role as a future fuel for shipping.
A broad majority in Danish parliament has decided to allocate DKK 850 million (USD 136 million) to the development of Power-to-X projects domestically and in the EU. The sum is meant to comprise the nation's contribution to the Important Project(s) of Common European Interest for green hydrogen.
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