Hydrogen Bank

Half of EU auction-backed hydrogen projects pull out

Half of EU auction-backed hydrogen projects pull out

Seven projects for 1.88 GW of total electrolyzer capacity turned out to be unfeasible even with grants won at the second European Hydrogen Bank auction, out of 2.34 GW overall. The developers withdrew, with some citing policy and infrastructure delays and uncertainty. A project from the first renewable hydrogen auction also pulled out. The European Commission has invited ten...

Europe makes €1bn commitment to green hydrogen

Europe makes €1bn commitment to green hydrogen

The European Commission has selected 15 green hydrogen projects for nearly €1bn public funding following the second European Hydrogen Bank auction.Eight of the projects are in Spain, three in Norway, and two in Germany, with one apiece in Finland and the Netherlands.The projects – funded by the Innovation Fund, sourced from the EU Emissions Trading System (ETS) – are expected to produce...

EU will subsidise low-carbon hydrogen that does not meet strict ‘renewable’ definition in next European Hydrogen Bank auction

EU will subsidise low-carbon hydrogen that does not meet strict ‘renewable’ definition in next European Hydrogen Bank auction

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...

Understanding hydrogen in the EU | Belgium | Global law firm

Understanding hydrogen in the EU | Belgium | Global law firm

Introduction Green Hydrogen has been a central pillar of the EU’s energy and climate neutrality strategy since the adoption of the EU Hydrogen Strategy in 2020. This strategy set ambitious targets: by 2030, the EU aims to install at least 40 GW of renewable hydrogen electrolysers and produce up to 10 million tonnes of renewable hydrogen within the EU.  The strategic importance of...

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