In a joint press release issued on Monday 18 November, the European Commission, Spain, Lithuania and Austria announced new financial support for the development of renewable hydrogen, as part of the second European Hydrogen Bank auction under its voluntary ‘Auctions-as-a-Service’ scheme (see EUROPE B13492A12).
This new auction will be launched on 3 December, with funding of €1.2 billion from the Innovation Fund. In addition, more than €700 million of national funds from Spain,...