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Europe Daily Bulletin No. 13416

25 May 2024
Contents Publication in full By article 8 / 30
SECTORAL POLICIES / Energy
European Hydrogen Bank’s first auction lived up to expectations, according to Bruegel
Brussels, 24/05/2024 (Agence Europe)

On Thursday 23 May, the pro-European think-tank Bruegel examined the first auction of EU subsidies for the production of renewable hydrogen(see EUROPE B13402A7), concluding that it had gone “about as well as could have been hoped”.

To support this production, the EU has created the European Hydrogen Bank (EHB), using a pay-as-bid auction mechanism, where producers bid for a fixed subsidy per kilogram of renewable hydrogen produced.

The first auction, in April 2024, allocated...

Contents

SECTORAL POLICIES
INDUSTRY: Member States still divided on how to financially support industry
INTERNAL MARKET: eight EU Member States call on European Commission to act against territorial supply constraints
RESEARCH/CLIMATE: scientific innovation supporting European policies, immersion in Ispra JRC ahead of EU Green Week 2024
HEALTH: European Commission asks for authorisation of non-compliant generic medicines tested by Synapse Labs to be suspended
DIGITAL: High-Level Group for DMA wants to keep a closer eye on advances linked to AI
DIGITAL: use of digital technology and AI in European businesses is growing, according to European Commission
ENERGY: European Commission records increase in incidents at offshore oil and gas installations in 2022
ENERGY: European Hydrogen Bank’s first auction lived up to expectations, according to Bruegel
ENERGY: improvements are needed in Energy and Climate Plans to achieve EU’s energy objectives, according to Ember
AGRICULTURE: European Commission assesses possibilities for diversifying EU’s plant protein sources
EXTERNAL ACTION
FOREIGN AFFAIRS: situation in Ukraine and Middle East back on table for European foreign affairs ministers
TURKEY: Olivér Várhelyi advocates strengthening relations
MYANMAR: European Union and eight third countries express “deep concern” at escalation of conflict since 2021 coup d'état
SECURITY - DEFENCE
DEFENCE: European defence ministers to discuss support for Ukraine and EU’s state of preparedness
NUCLEAR SECURITY: radioactive source security, Commission and United States undertake to strengthen cooperation to prevent acts of terrorism
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: European Works Councils, Belgian Presidency of EU Council has not yet obtained green light from Member States
ECONOMY - FINANCE - BUSINESS
COMPETITION: European Commission approves €4 billion French scheme to support energy transition in manufacturing sector
COMPANIES: IFRS Foundation and Global Reporting Initiative deepen their working relationship to ensure sustainable interoperability
NEWS BRIEFS
HOME AFFAIRS: EU Council finally approves reform of Schengen Borders Code
STATE AID: European Commission authorises Belgian compensation for bpost to cover cost of fulfilling public service obligation
ECB: wage pressures have eased since 2023, but wage growth is expected to remain high
CHINA: EU opens anti-dumping investigation into Chinese vanillin
ENERGY: ACER to consult on introduction of voluntary templates for power purchase agreements in EU energy market
COMPANIES: EU Council adopts directive on corporate due diligence
JUSTICE: European Public Prosecutor’s Office has cracked down on a fraud involving over €15 million in European Regional Development Fund resources
DIGITAL: European Data Protection Board rules that use of facial recognition in airports is incompatible with GDPR
FISHERIES: European Commission clarifies rules on derogation from margin of tolerance in estimating certain fish catches
RUSSIA: EU denounces Russia’s unilateral removal of border markers with Estonia
ANIMAL HEALTH: five EU countries call for animal welfare to be priority for next European Commission
SOCIAL: carcinogenic, mutagenic or reprotoxic substances in workplace, eleven Member States have yet to transpose new rules