Fast-Track support for Strategic Investments in Portugal
Developing large-scale projects in Portugal can be a complex journey, requiring coordination across multiple stages and entities. However, securing Portuguese Important Project (PIN) or Investment Project for the Interior (PII) status unlocks a powerful advantage—streamlining approvals and accelerating progress.
With direct support from key governmental bodies such as APA, CCDR, Floene, REN, and others, investors benefit from: ✔ Priority in licensing – ensuring faster approvals ✔ Simultaneous administrative processing – cutting through bureaucracy ✔ Significant reduction in timelines – getting projects off the ground quicker
For those looking to invest in Portugal, PIN/PII status is the key to unlocking efficiency and success.
Hydrogen Europe, the entity that represents the European sector of hydrogen and fuel cells, published the “Hydrogen Act”
Hydrogen Europe, the entity that represents the European sector of hydrogen and fuel cells, published the “Hydrogen Act”. This document is intended to be a guide to a comprehensive framework focused on harmonizing and integrating all hydrogen related actions and legislation. The “Hydrogen Act” concentrates on infrastructure and market aspects, describing three phases of development: the start-up phase, the “ramp-up” phase and the market growth phase.
Hydrogen Act
To meet the 2024 and 2030 targets of the EU Hydrogen Strategy, the start-up phase will require exceptions and derogations from existing EU rules, such as ease and/or reform of EU rules on state aid. For that, it will consider the challenges that the H2 sector faces in the context of the EU Green Agreement, the economic recovery after COVID-19 and the Strategy of Hydrogen.
On the infrastructure side, regulation of hydrogen networks requires a gradual approach in line with market and infrastructure evolution. This ramp-up phase is expected to start in 2025, minimizing funding through taxpayers' money.
The goal of the “Hydrogen Act” is to help establish a functional market for clean hydrogen as a new commodity in Europe, building the backbone of a global green H2 market.