European Commission opens second hydrogen auction

The European Commission's second hydrogen auction allocates €1. 2 billion ($1. 3 billion) for projects supporting renewable hydrogen production, with €200 million earmarked for projects with off-takers in the maritime sector. Bidding is open until Feb. 20, 2025. The European Commission has launched the second European Hydrogen Bank auction. The auction, designed to accelerate production of renewable auctions in the European Economic Area, allocates €1. 2 billion from EU Emissions Trading System revenues. The budget, €400 million higher than the first auction, consists of €1 billion for projects ...

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