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Commission launches first European Hydrogen Bank auction with €800 million of subsidies for renewable hydrogen production

November 24, 2023 by European Union 2 Comments

This article is brought to you in association with the European Commission. The Commission launched today 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 […]

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