Exhibitor Press Releases

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15 Jul 2022

State Aid: Commission approves up to €5.4 billion of public support by fifteen Member States for an Important Project of Common European Interest in the hydrogen technology value chain

1s1 Energy Stand: 12.0.A200-3
European Commission
State Aid: Commission approves up to €5.4 billion of public support by fifteen Member States for an Important Project of Common European Interest in the hydrogen technology value chain
The direct participants, the Member States supporting them and the different technology fields are as follows:
Press Release: https://ec.europa.eu/commission/presscorner/detail/en/ip_22_4544

The Commission assessed the proposed project under EU State aid rules, more specifically its Communication on Important Projects of Common European Interest.

Where private initiatives supporting breakthrough innovation fail to materialise because of the significant risks such projects entail, IPCEI enable Member States to jointly fill the gap to overcome these market failures. At the same time, they ensure that the EU economy at large benefits from the investments and limit potential distortions to competition.

The Commission has found that the IPCEI Hy2Tech fulfils the required conditions set out in its Communication. In particular, the Commission concluded that:

  • The project contributes to a common objective by supporting a key strategic value chain for the future of Europe, as well as the objectives of key EU policy initiatives such as the Green Deal, the EU Hydrogen Strategy and REPowerEU.
     
  • All 41 projects part on the IPCEI are highly ambitious, as they aim at developing technologies and processes that go beyond what the market currently offers and will allow major improvements in performance, safety, environmental impact as well as on cost efficiencies.
     
  • The IPCEI also involves significant technological and financial risks, and public support is therefore necessary to provide incentives to companies to carry out the investment.
     
  • Aid to individual companies is limited to what is necessary, proportionate and does not unduly distort competition. In particular, the Commission has verified that the total planned maximum aid amounts are in line with the eligible costs of the projects and their funding gaps.
     
  • Furthermore, if large projects covered by the IPCEI turn out to be very successful, generating extra net revenues, the companies will return part of the aid received to the respective Member State (claw-back mechanism).
     
  • The results of the project will be widely shared by participating companies benefitting from the public support with the European scientific community and industry beyond the companies and countries that are part of the ICPEI. As a result, positive spill-over effects will be generated throughout Europe.

On this basis, the Commission concluded that the project is in line with EU State aid rules. Funding, beneficiaries and amounts

The IPCEI will involve 41 projects from 35 companies, including 8 small and medium-sized enterprises (‘SMEs') and start-ups, with activities in one or more Member States. The direct participants will closely cooperate with each other through numerous planned collaborations, and with over 300 external partners, such as universities, research organisations and SMEs across Europe.

The timelines of this IPCEI vary in function of the individual projects and the companies involved.

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Diamond Partner

  • Schneider Electric

 

Platinum Partner

  • Siemens AG

 

Gold Partners


  • Baker Hughes
  • Energy Web Foundation
  • Energynest
  • Ericsson
  • Gridspertise
  • Palantir
  • SAP
  • Siemens Energy
  • Solar Turbines
  • Wartsila

Silver Partners

  • Alfen
  • Babcock & Wilcox
  • Capgemini
  • G&E
  • IEEMA
  • IFS
  • Italgas
  • Landis+Gyr
  • Meters and More
  • Microsoft
  • NODES
  • PRIME Alliance

 

Knowledge Partner

  • Enel Foundation

 

Legal & Regulatory Partner

  • Pinsent Masons

 

Utility Partner

  • Dtek Grids
  • Enel Grids
  • RTE

 

Sponsors

  • ABS Group
  • AC Boilers
  • Accenture
  • Bergen Engines
  • Cisco
  • Cleanwatts
  • Driivz
  • Efacec
  • EnergyDome
  • Greencom Networks
  • Hive Power
  • Hiven Energy
  • iCONTEST
  • Itron
  • Kaluza
  • Kigen
  • Kore Wireless
  • Kraken Technologies
  • Last Energy
  • Minsait
  • Mytilineos
  • Nextgen
  • Oracle Energy and Water
  • Ormazabal
  • Piclo
  • Pietro Fiorentini
  • ProEnergy Services
  • PSM, a Hanwha company
  • Sentient Energy
  • SLM Solutions
  • Sungrow
  • Trilliant Networks
  • Uniper
  • Waterfall Security Solutions

 

Initiate Partners

  • EIT InnoEnergy
  • Enel Innovation Hubs
  • IMI
  • Rockstart
  • Siemens Energy
  • Start Up Energy Transition
  • TotalEnergies

 

Industry Partners

  • AIGET
  • ANIE Federazione
  • ANIMA Confindustria
  • Avere
  • CHARGE Energy Branding
  • CO2 Value
  • COGEN Europe
  • currENT
  • dena
  • DERlab
  • E.DSO
  • EASE
  • Elettricità Futura
  • Energia Media
  • ESMIG
  • ESWET
  • ETIP SNET
  • ETN
  • Eurelectric
  • Eurogas
  • Euroheat & Power
  • European Biogas Association
  • European Energy Retailers (EER)
  • Flow Batteries Europe
  • Generazione Distribuita (Distributed Generation)
  • GEODE
  • Hydrogen Europe
  • IEC - International Electrotechnical Commission
  • IPPF
  • IRENA
  • Lombardy Energy Cleantech Cluster (LE2C)
  • OSGP
  • Ricerca sul Sistema Energetico - RSE SpA
  • SmartEn
  • Start Up Energy Transition (SET)
  • VDMA
  • VDMA
  • VGBE Energy