【SMM Steel】EU gives €6bn green light to Italy's renewable hydrogen push

Published: Apr 1, 2026 09:45
【SMM Steel】The EU approved a €6bn Italian support scheme for renewable hydrogen, targeting transport and industry. The plan covers hydrogen from renewable electricity via electrolysis and from biogenic sources. Aid will use two-way contracts for difference, with a reference price set by competitive bidding. The program runs until Dec 31, 2029. It aligns with the EU hydrogen strategy and clean industry goals. Italy aims for 200,000 t/y of renewable hydrogen.

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【SMM Steel】The EU approved a €6bn Italian support scheme for renewable - Shanghai Metals Market (SMM)