On Friday 7 March, the European Commission announced that the European Hydrogen Bank's second auction for the production of renewable hydrogen had received 61 project proposals from 11 countries in the European Economic Area, eight of which were submitted by hydrogen producers with customers in the maritime sector.
The total amount of subsidies requested exceeded €4 8 billion, four times the €1.2 billion available under the Innovation Fund (see EUROPE B13492A12).
Together, the...