Electrolytic hydrogen projects bidding in the third European Hydrogen Bank auction remain overwhelmingly focused on producing fuels that comply with renewable fuels of non-biological origin (RFNBO) rules.
The European Commission said the third auction attracted 58 bids requesting €8.4bn ($9.7bn) – around six times the €1.3bn ($1.5bn) budget.
The funding call, opened in December, represents around 4.3GW of electrolyser capacity.
The scheme will offer fixed-premium payments per kilogramme of hydrogen produced, helping to bridge the cost gap with fossil fuels.
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