Author: By Leigh Collins (Hydrogen Insight)
Date Published: 17 June 2024
Photo Cred: Sustainable Energy Council – Shinichi Kihara on stage at the Hydrogen Americas 2024 Summit
EXCLUSIVE | Japan confirms it will subsidise imported hydrogen that has already received subsidies from other countries
International clean hydrogen developers will be able to double up on subsidies when selling into Japan, with the Asian country willing to subsidise batches of imported H2 that have already received production subsidies from places such as the US, EU, India, Australia and the UK, a senior government official tells Hydrogen Insight.
However, the “strike prices” to be handed out for each kilogram of low-carbon hydrogen under the forthcoming Contracts for Difference scheme have not yet been determined by the Japanese government. And those available for imported H2 could end up being lower than the amounts given to local producers, said Shinichi Kihara, director-general of international policy on carbon neutrality at the Ministry of Economy, Trade and Industry (METI), in an interview on the sidelines of last week’s Hydrogen Americas Summit in Washington D.C.
> Continue to read full detailed article here> https://www.hydrogeninsight.com/policy/exclusive-japan-confirms-it-will-subsidise-imported-hydrogen-that-has-already-received-subsidies-from-other-countries/2-1-1661697