On Wednesday 30 July, the European Commission published the draft terms and conditions of its third hydrogen auction, to be held before the end of the year, under the European Hydrogen Bank (see EUROPE B13596A6).
The proposed budget, from the Innovation Fund, amounts to €1.1 billion and supports, for the first time, the production of renewable hydrogen and low-carbon hydrogen by electrolysis. Of this amount, €200 million will be earmarked exclusively for projects to supply the...