European Commission Hydrogen Bank Auction Provides Euros720 Million for Renewable Hydrogen Production in Europe
May 02, 2024
May 02, 2024
BRUSSELS, Belgium, May 2 -- The European Commission issued the following news release on April 30, 2024:
Today, the Commission is awarding nearly Euros720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank. The funds for this auction come from the revenues of the EU Emissions Trading System. The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge th . . .
Today, the Commission is awarding nearly Euros720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank. The funds for this auction come from the revenues of the EU Emissions Trading System. The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge th . . .