Menon Economics, commissioned by NHO, has conducted an analysis of the current state of public support programmes for low-carbon hydrogen in Europe and the USA, in light of recent changes to the respective subsidy regimes. The Inflation Reduction Act has established favourable conditions for low-carbon hydrogen in the US. Although there are ambitious plans for supporting green hydrogen production in Europe, the US programme offers more certainty about the actual level of subsidies. In addition, the subsidies for blue hydrogen are higher in the US than in the EU.

Contact person: Jonas Erraia