Austria’s Ministry of Economic Affairs and Energy (BMWET) will contribute €200m ($225m) to the next European Hydrogen Bank (EHB) auction.
The funding will allow Austrian projects that miss out on EU-level support to receive national backing through the EU’s own Auction-as-a-Service (AaaS) mechanism when the auction opens in December 2026.
It will be awarded as subsidies on a per kilogramme basis over 10 years and follows similar measures taken by the country in 2024, when it committed €400m ($450m) to the scheme.
Under this, four projects totalling 171MW of electrolysis capacity received funding.
While national funding guidelines are set to be published online by BMWET before auctions open, projects are likely required to meet the same criteria set out in the bloc-wide auctions.
These include meeting renewable fuel of non-biological origin (RFNBO) requirements and beginning hydrogen production within five years of signing funding agreements.
December’s broader EHB scheme will include a total of €500m ($563m) in subsidies.
Revealed in July, the figure represents a drop of more than 60% from previous budgets, with funding split between green and low-carbon electrolytic hydrogen.
Austria is targeting 1GW of electrolyser capacity by 2030, replacing “most” of the country’s hydrogen production, which is currently dominated by fossil fuel sources.
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