(Finance) – The Minister of Ecological Transition, Roberto Cingolanisigned on Decree which implements Investment 5.2 (M2C2) of the National Recovery and Resilience Plan. The measure makes available 450 million euros to finance projects aimed at the development of thegreen hydrogena fundamental element in the decarbonisation process of industry, transport and the tertiary sector.
The Decree allocates the resources of the PNRR among the various design lines identified for the construction of plants for the production of electrolysers, the machinery that allows the breakdown of water molecules into oxygen and hydrogen, using clean energy from renewable sources. The objective of Investment 5.2 is to realize by June 2026 a production chain all Italian with plants that produce electrolysers and associated components, for a total annual power of at least 1 gigawatt, which will make it possible to meet the demand for green hydrogen.
Of the 450 million total envisaged by the National Recovery and Resilience Plan, the Decree assigns 250 million to projects IPCEI (Important Projects of Common European Interest) for the construction of plants for the production of electrolysers and 200 million for further projects that will be selected through public notices to be published, aimed at the construction of both further plants for the production of electrolysers, and of plants for the production of components for the electrolysers themselves.
Through this investment, Italy aims to expand the hydrogen market and become a leader in a highly innovative sector, creating new ones skills and places of Work.