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‘Substantial’ subsidy programmes being undermined by bureaucracy and poor regulation, says senior executive

'We should be taking FID on one of our largest hydrogen projects this year — this is why we won't be': Uniper
Rachel Parkes Published 13 May 2024

Developers of large-scale green hydrogen projects in Europe are being held up by excessive bureaucracy around subsidies and in some countries, poor regulation, a senior executive from Uniper has complained — citing these problems as the reasons behind the company’s decision to defer a final investment decision (FID) on the first phase of its flagship 500MW H2Maasvlakte renewable H2 project in the Netherlands.
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“We need to be able to deliver business cases,” he said. “We are in industry, we should not be here to write funding applications. We should be here to take final investment decisions and deliver projects and after we’ve delivered one we should deliver the next one. This is what we are prevented from doing.”

The company handed back a funding award for H2Maasvlakte from the EU’s Innovation Fund earlier this year when it became clear that it would not take FID — which had been on course to be taken this year.

“In other industries what it is needed to deliver a successful project is a good engineering team, a good commercial team, a good set of customers and suppliers,” Stuckmann told the summit audience. “What you need in hydrogen is a battalion of people who are able to write funding applications. And then you need people who are able to manage funding applications and to answer all the enquiries that are coming in.”
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https://www.hydrogeninsight.com/policy/we-should-be-taking-fid-on-one-of-our-largest-hydrogen-projects-this-year-this-is-why-we-wont-be-uniper/2-1-1642756