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December 2024 Norway subsidy results

Hydrogen Projects score poorly in Norway’s latest Zero-Emission Vessel Funding

Norway’s recent allocation of approximately $108 million to 14 zero-emission vessel projects underscores its commitment to sustainable maritime solutions. However, it’s notable that only two hydrogen-powered vessels received funding, despite numerous applications in this category.

Among the projects awarded, Cruise Service AS secured the subsidy for two hydrogen-powered passenger vessels. Details are not known.

The limited support for hydrogen initiatives is concerning, given hydrogen’s potential to revolutionize maritime transport, particularly in shortsea shipping. By not capitalizing on the opportunity to fund a broader range of hydrogen projects, Norway may be missing a chance to lead in this transformative technology.

It’s encouraging to note that Enova plans to hold additional funding rounds, with the next call for hydrogen and ammonia programs anticipated at the end of the first quarter of 2025. This presents an opportunity to reassess and potentially increase support for hydrogen-based maritime solutions in future allocations.

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2 responses to “December 2024 Norway subsidy results”

  1. […] projects receive capex support. This is the way to develop green hydrogen shipping. After Norway leading the way it is good to see the Dutch following and we can only hope for […]

  2. […] The report can be found here. I reported earlier about examples of financial support schemes in Norway and The […]

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