Zeevonk, joint venture of Vattenfall & Copenhagen Infrastructure Partners, withdrew from a €246.6M European Hydrogen Bank award after Delta Rhine Corridor pipeline commissioning moved to 2032, making a 2030 operational deadline unachievable for its planned 500 MW green H₂ electrolyser. The decision highlights infrastructure interdependency risks across Europe’s hydrogen build out. Analysts say disciplined withdrawal preserves capital for projects possessing controllable midstream certainty, strengthening long term decarbonisation credibility.