Austrian national power company Verbund and its chemicals partner LAT Nitrogen shelved plans for its 60MW production project in Linz.

The partners said that despite receiving almost €50m in financial support through the Innovation Fund, they still had insufficient commitments of public backing to reach a final investment decision (FID).

Meanwhile, German energy group Steag Iqony has cancelled its 53MW electrolyser plant in Voelklingen after no anchor customer was identified for the offtake. The project was expected to produce up to 8,700 tonnes of green hydrogen per year.

The HydroHub Fenne project was being developed alongside German electrolyser OEM Quest One and Vattenfall. Both had already made investments to advance the initiative.

Both developers said the cancellations reflected the current economic challenges being experienced in the European hydrogen industry.

H2 View understands that Green Ammonia Linz could be resumed at a later stage, if economic and regulatory conditions are improved. The project was scheduled to produce 7,000 tonnes of green hydrogen per year, which would be used as feedstock for fertiliser production.

However, Steag’s 53MW project depended on reliable offtake, fair risk-sharing, and competitive conditions, none of which the company was ultimately able to secure.

The setbacks mirror a wider trend highlighted in the IEA’s Global Hydrogen Review 2025.

The agency noted that announced clean hydrogen projects have fallen sharply from 49 million tonnes per annum (mtpa) to 37mtpa due to cancellations and delays, with FIDs continuing to lag well behind project announcements.