Image: Guillaume Périgois, Unsplash
The European Commission has approved a fourth IPCEI to support research, innovation and industrial deployment in the hydrogen value chain.
The IPCEI Hy2Move project was jointly prepared by Estonia, France, Germany, Italy, the Netherlands, Slovakia and Spain. Member States will provide up to €1.4 billion in public funds, approved by the commission under EU state aid rules, with the potential to unlock a further €3.3 billion in private investment.
The latest IPCEI will feature eleven companies with activities in one or more Member States, including small and medium-sized enterprises and start-ups. They will implement 13 projects with a specific focus on the key objectives and challenges for hydrogen technology in mobility and transport applications.
Hy2Move projects will focus on storage solutions and the integration of hydrogen technologies in road, maritime and aviation applications. They will also develop high-performance fuel cell technologies to generate electricity for ships and locomotives.
The participating companies will collaborate with each other, partner Breuer Technical Development and more than 200 indirect partners. The end date for the overall IPCEI has been set as 2031with timelines varying for individual projects and the companies involved.
“Hydrogen can help us move and transport goods without emissions. But investing in hydrogen mobility and transport technologies could be risky for one Member State or for one company alone,” said Margrethe Vestager, executive vice-president responsible for competition policy. “This is where IPCEI state aid rules can come into play. The IPCEI Hy2Move is an example of truly ambitious European cooperation for an important common goal. It also shows how competition policy goes hand in hand with breakthrough innovation.”
IPCEI Hy2Move follows three other IPCEIs for the hydrogen value chain. The first, Hy2Tech, was approved by the European Commission in July 2022, followed by Hy2Use in September 2022 and Hy2Infra in February 2024.
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