INTIEAAustria · Hydrogen Promotion Act - WFÖG - WasserstoffförderungsgesetzPolicyIn force

Hydrogen Promotion Act - WFÖG - Wasserstoffförderungsgesetz

The Wasserstoffförderungsgesetz (WFöG) aims to promote the production of renewable hydrogen in Austria to achieve climate neutrality by 2040. The law provides up to €820 million in funding for the construction and operation of renewable hydrogen production facilities, supporting…

Last changed 16 days ago.

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Country / jurisdiction: Austria · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The Wasserstoffförderungsgesetz (WFöG) aims to promote the production of renewable hydrogen in Austria to achieve climate neutrality by 2040. The law provides up to €820 million in funding for the construction and operation of renewable hydrogen production facilities, supporting them for up to 10 years. It targets a production capacity of 300 MW. Funding is allocated through competitive auctions, with the next auction starting on December 3, 2024

Official source: https://www.aws.at/wfoeg-wasserstofffoerderungsgesetz/

Source

https://www.iea.org/policies/27640

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