April 2026 | EU Green Light: €6 Billion for Renewable Hydrogen in Italy

The European Commission has approved a €6 billion Italian state aid scheme to boost renewable hydrogen production. Available until December 31, 2029, the measure aims to increase Italy’s production capacity by approximately 200,000 tonnes per year. By utilizing “two-way contracts for difference,” the plan is designed to lower the costs of green hydrogen, supporting the decarbonization of hard-to-abate industrial sectors and advancing the country’s energy transition in line with the EU Green Deal objectives.

The contracts for difference (CfDs) indeed guarantee producers a fixed “strike price”: if market prices fall, the state pays the difference, but if they rise, the producer returns the surplus. This mechanism eliminates price volatility, providing investors with the financial certainty required to fund large-scale, innovative green energy projects.

Read the full press release: European Commission Press Corner