The European Commission (EC) has launched the first auction under the European Hydrogen Bank to support renewable hydrogen production in Europe, with an initial €800 million of emissions trading revenues available to producers in the European Economic Area (EEA).Courtesy of the European Commission / Photo by Mauro Bottaro The auction, which is funded by the Innovation Fund, was launched on...
Hydrogen Bank
Canada Infrastructure Bank – CIB announces investment of $337M towards hydrogen production and refuelling network in Western Canada. VANCOUVER – The Canada Infrastructure Bank (CIB) and HTEC, a Vancouver-based designer, builder, owner and operator of hydrogen supply solutions, are partnering to accelerate the deployment of hydrogen production and refuelling...
DG-Clima director-general Kurt Vandenberghe, left, speaking during a panel on the European Hydrogen Bank at European Hydrogen Week in Brussels.Photo: Hydrogen Europe Source link...
The European Commission has today (November 23) launched the first European Hydrogen Bank auction to support renewable hydrogen production with €800m.Renewable hydrogen producers can now bid for funding support from emissions trading revenues through the Innovation Fund which will be delivered in the form of a fixed premium per kilogramme of hydrogen for up to 10 years.Aimed to bridge the cost gap...
The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation. By 2030, Europe wants to produce 10 million tonnes of renewable hydrogen annually. To get companies to switch, Brussels is footing the difference between their ability to pay and the high prices charged by producers of clean-burning...
The European Union has launched its first green hydrogen auction with a maximum price of €4.50 ($4.91)/kg. The approved projects will receive subsidies for a decade, alongside revenue from hydrogen sales, and must start production within the next five years. November 24, 2023 Pilar Sánchez Molina The European Commission has launched the first hydrogen auction supported by the European Hydrogen...
The European Commission has launched the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of renewable hydrogen can bid for support in the form of a fixed premium per kilogram of hydrogen produced. The premium is intended to bridge the...
EU Reveals Green Hydrogen Auction Winners Energy Intelligence Source link...
Infrastructure bank lends $337M for hydrogen fuel station network in West The Logic Source link...
Infrastructure Bank commits $377 million for hydrogen stations in BC and Alberta Western Standard Source link...