On Monday 19 February, the European Commission welcomed the fact that the pilot auction for the ‘European Hydrogen Bank’ had attracted 132 bids from projects in 17 European countries, exceeding the €800 million budget provided by the ‘Innovation Fund’ (see EUROPE B13299A38).
“The enthusiastic market response to the pilot auction shows the European hydrogen industry is ready to scale up. Renewable hydrogen is an important solution in Europe’s endeavour to reach climate...