On Friday 27 September, the European Commission published the conditions for the second auction of the European Hydrogen Bank (see EUROPE B13402A7), financed by revenues from the Emissions Trading System via the Innovation Fund.
As previously announced (see EUROPE B13447A8), the budget for this second auction could reach €1.2 billion. The first pilot auction, which closed in February 2024, selected seven projects for a total of €720 million in support.
The successful bidders will...