Published on: February 6, 2023
EU plan should help to accelerate plant roll-out
On 1 February, the EU laid out its Green Deal Industrial Plan (GDIP), which enhances and accelerates support for Europe’s clean technology businesses. This plan should be beneficial to Hydrogen Utopia International (HUI), the waste plastic to hydrogen company, as it should lead to simpler rules and fast-tracked permits to build production facilities. On top of this, the EU will facilitate the use of existing funds for financing clean tech innovation. This should help HUI to accelerate the roll-out of its proposed plants across Europe, while increasing the potential to add further projects.