The European Commission has opened funding calls for the third European Hydrogen Bank auction, which will provide up to €1.3bn ($1.5bn) to clean electrolytic hydrogen projects.
This iteration of the auction marks the first time that the EU will fund low-carbon, non-exclusively green hydrogen, following the adoption of rules governing additional production pathways in October.
Bidders will have until 19 February 2026 to apply for per-kilogramme subsidies for projects that meet the EU’s requirements for renewable fuels of non-biological origin (RFNBOs) or for low-carbon electrolytic hydrogen that does not rely exclusively on renewable power.
These non-RFNBO molecules will need to demonstrate 70% lower greenhouse gas emissions than fossil fuels – 28.2gCO2eq/MJ – in line with the recently passed Low-Carbon Fuels Delegated Act.
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