- The SDE++ subsidy supports green hydrogen production in Vlissingen and Terneuzen.
- Construction of the plants is expected to start by early 2024.
- Each plant will initially have a capacity of 25 MW, expandable to 100 MW.
- The projects aim to reduce CO2 emissions by 9 kg per kg of hydrogen from 2025.
Subsidy Award
The Netherlands Enterprise Agency (RVO) and the Dutch Ministry of Economic Affairs and Climate Policy (EZK) have granted VoltH2 a significant SDE++ operating subsidy to support green hydrogen production in Vlissingen and Terneuzen. This subsidy is part of the Stimulation of Sustainable Energy Production and Climate Transition (SDE++) program.
Project Details
Both green hydrogen plants, which received environmental permits in Q2 2022, are now closer to realization. Construction is expected to begin by early 2024, following the final investment decision. Each plant will initially have a capacity of 25 MW, producing 2,000 tonnes of green hydrogen annually through electrolysis. In a second phase, the capacity can be expanded to 100 MW, enabling the production of 8,500 tonnes annually.
Emissions Reduction
From 2025, the projects aim to achieve a CO2 emission reduction of 9 kg per kg of hydrogen compared to traditional fossil-based hydrogen production methods. This significant reduction aligns with the Dutch government's goals for renewable energy and CO2 reduction.
Subsidy Mechanism
The SDE++ subsidy, introduced in 2020 to include green hydrogen production, is awarded based on the amount of green hydrogen produced and the associated CO2 reduction. The subsidy will be disbursed over the first 15 years of the plants' operation, providing crucial financial support for the projects.
