Hydrogen Promotion Act - WFÖG - Wasserstoffförderungsgesetz

The Wasserstoffförderungsgesetz (WFöG) aims to promote the production of renewable hydrogen in Austria to achieve climate neutrality by 2040. The law provides up to €820 million in funding for the construction and operation of renewable hydrogen production facilities, supporting them for up to 10 years. It targets a production capacity of 300 MW. Funding is allocated through competitive auctions, with the next auction starting on December 3, 2024

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