Dutch government invests €450 million in strategic hydrogen storage
The Dutch government will invest €450 million from the Climate Fund to support the development of the country's first large-scale underground hydrogen storage facility at HyStock in Zuidwending. The project will comprise four salt caverns connected to the national hydrogen network, providing the storage capacity needed to balance renewable hydrogen production and demand. The public funding is designed to de-risk key early-stage challenges, including cushion gas costs, low initial utilisation and permitting delays, helping to unlock private investment in hydrogen infrastructure. By strengthening the storage pillar of the hydrogen value chain, the investment marks an important step towards a reliable, large-scale hydrogen market and a more resilient Dutch energy system.
