7 September 2023
HOPE Project and its Consortium Selected for a €20 Million European Commission Grant
The HOPE (Hydrogen Offshore Production for Europe) project consortium has signed a €20 million grant agreement with the European Commission. This followed the positive evaluation of the proposal submitted by the partners in response to the call for proposals issued by the Clean Hydrogen Partnership, co-founded and co-financed by the European Union.
The consortium aims to pave the way for the deployment of large-scale offshore production of renewable hydrogen. The HOPE project involves developing, building and operating the first 10 MW production unit in the North Sea, off the coast of Belgium, by 2026. The aim is to demonstrate the technical and financial viability of this offshore project, and of pipeline transport for supplying onshore customers.