[CfD or Contracts-for-Difference subsidies pay the difference between an entrenched energy technology and a newly developing one to bring down those costs till it has scaled-up. CfD policies in the UK for its first decade of offshore wind jumpstarted widespread deployment and resulting cost reductions.]
To cover the cost gap with fossil fuels, Japan will offer CfD-style subsidies for domestic and imported green hydrogen starting in 2024. Projects supplying H2 from 2030 would see 15 years of payments
