On Wednesday 30 August, the European Commission published the general conditions for the first auction of the European Hydrogen Bank. This pilot project is presented by the Commission as “an important step towards scaling up production of renewable hydrogen in the EU”. The auction, financed by the Innovation Fund, will open on 23 November 2023.
Up to €800 million will be awarded to renewable hydrogen producers in the European Economic Area (EEA) in the form of a fixed premium in...