Ever since the Inflation Reduction Act (IRA) came out in 2022, subsidies have been a major subject of interest among hydrogen producers. Following in the American footsteps, the Danish Energy Authority (DEA) is bringing $1.6 billion to the table in the form of investment or subsidies targeting green hydrogen production, Power-to-X (PtX) projects, supply chain development and the green investment fund in order to aid the infant green hydrogen industry and give Denmark a better chance of establishing itself as one of the leading European green hydrogen producers. Out of the entire $1.6 billion budget, the green hydrogen subsidy will only benefit from about $180 million, which is nothing really when compared to the $13 billion that the IRA set…