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European Hydrogen Bank | Auction

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Charley Rattan's picture
Global Hydrogen Trainer & Advisor, Charley Rattan Associates

Charley Rattan, Training, advising and informing the global energy transition. Charley heads Charley Rattan Associates, a team of seasoned trainers and advisors driving forwards the energy...

  • Member since 2019
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  • Nov 24, 2023
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The European Commission launches a pilot auction to support renewable #hydrogen production.
 
The EU's Innovation Fund will finance this key decarbonization technology with up to €800mln.

The objective is to connect supply and demand for renewable hydrogen and create transparency about price points, which will help kickstart a European hydrogen market. 

In turn, this will help accelerate the EU’s clean EnergyTransition while maintaining competitiveness and preserving Europe’s position as a leading global economic power. 

In Spring 2024, the European Commission will launch the second round of auctions, reaching a total value of three billion euros.

Hydrogen Bank is a great opportunity to support European industry’s net-zero transition.
 All industry players are invited to apply, deadline is 8 February 2024.

 

 

Finance for the Green Economy

 

 



 

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