Norwegian state-owned Enova SF, under the Klima- og miljødepartementet, will provide investment support via a competitive bidding process for projects that will produce H2 for use in the maritime industry.
With the applications to the first round set to be concluded by 5 September 2024, the tender aims for the production of renewable H2 with the support rate limited to 80% of the project’s approved additional costs. The projects will compete within its locality (based on price areas for power such as Southern Norway, Mid Norge and Northern Norway).
Applicants are ranked based on subsidy effectiveness equating to 70% of the score and business plan maturity equating to the remaining 30% of the score.
Here’s our take at Yamna!
