Wednesday, March 11, 2026

Green hydrogen for offshore project misses the Growth Fund boat

A large-scale project aimed at producing and transporting green hydrogen at sea, H2opZee, will not be receiving a grant from the National Growth Fund after the second round of review by the commission. The consortium, which includes RWE and Neptune Energy, applied for a grant of 462 million euros, but to no avail.
“You never know if you’ll get the grant, but this is obviously a real shame,” says Adriaan van der Maarel of RWE. “We are going to see, together with Neptune Energy and the Dutch Ministry of Economic Affairs, what our next step is.”
Read other news articles about the National Growth Fund subsidies via this link.
The purpose of the hydrogen project is to enable the development of a new offshore wind farm with a production capacity of 300-500 MW of electricity. Using electrolysis, hydrogen can be produced at sea. A pipeline then transports the hydrogen to land,…

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