Launch of H2FUTURE Project
The FCH JU has awarded the H2FUTURE project consortium, consisting of voestalpine, Siemens, VERBUND and Austrian Power Grid (APG) as well as the research-partners K1-MET and ECN, the contract for the construction of one of the world’s largest electrolysis plants for producing green hydrogen. The FCH JU has allocated about 12 million EUR in funding from the EU Horizon 2020 programme for implementing this project. The green hydrogen for industrial use and for balancing the power reserve market will be produced in one of the largest and most modern electrolysers with proton exchange membrane (PEM) technology. The total project volume amounts to about 18 million EUR over the course of 4.5 years.
Read the full press release here.