Hydrogen Bank

The European Union announces third hydrogen production tender with €1 billion funding

The European Union announces third hydrogen production tender with €1 billion funding

The European Commission has announced that it will launch a third project call under the European Hydrogen Bank initiative in 2025, with a budget of €1 billion ($1.05 billion). This programme aims to support hydrogen production, a key element of the EU’s decarbonisation strategy. The launch of this call is planned for the third quarter of 2025, allowing member states to fund national projects...

EU Receives 61 Bids for Green Hydrogen Production in 2nd Auction

EU Receives 61 Bids for Green Hydrogen Production in 2nd Auction

The EU Commission has received 61 bids from projects in 11 countries for the European Hydrogen Bank’s second auction to produce green hydrogen. The total grant support requested is more than €4.8bn, four times the available budget of €1.2bn provided by the Innovation Fund, for a total electrolyser capacity of around 6.3 GW with a potential capacity to produce more than 7.3 Mt of...

Over-subscribed European Hydrogen Bank auction receives 61 bids for Innovation Fund support, including 8 maritime projects

Over-subscribed European Hydrogen Bank auction receives 61 bids for Innovation Fund support, including 8 maritime projects

The European Hydrogen Bank’s second auction for the production of renewable hydrogen has attracted 61 bids from projects in 11 countries within the European Economic Area (EEA). Eight of the bids were submitted under the dedicated maritime topic by hydrogen producers with off-takers in the maritime sector.  The total grant support requested is more than €4.8 billion, four times the available...

Second European Hydrogen Bank auction attracted less than half the number of bids as the first

Second European Hydrogen Bank auction attracted less than half the number of bids as the first

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...

European Hydrogen Bank auction sees overwhelming demand

European Hydrogen Bank auction sees overwhelming demand

Last December, the European Hydrogen Bank launched its second auction to award up to 1.2 billion euros to renewable hydrogen producers in the European Economic Area (EEA). A total of 61 bids were received from 11 countries. Eight of the bids were submitted by hydrogen producers in the maritime sector, under the dedicated maritime topic.The total support requested exceeds 4.8 billion euros, four times...

Unlocking the Potential of Green Hydrogen

Unlocking the Potential of Green Hydrogen

Description Today’s hydrogen production is based on unabated fossil fuels (primarily for use in the chemical and refining sectors), resulting in over 900 million tonnes of CO₂ emissions each year, equivalent to the combined energy sector emissions of Indonesia and the United Kingdom. In 2023, less than 1 Mt of hydrogen was produced by low-emission pathways, such as electrolysers using renewable...

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