Today, the Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the EU. The auction, funded by the Innovation Fund under the umbrella of the EU Hydrogen Bank, is intended to open on 23 November 2023. Following stakeholder consultations ongoing since March 2023, today’s publication of the T&C gives potential bidders advance information about the final economic design of the auction and helps them start preparing their bids. The auction will award up to €800 million to renewable hydrogen […]
