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21 Nov
12:02

EU to launch second hydrogen auction in spring 2024

The European Commission will open the second round of auctions to support the production of renewable hydrogen within the EU in spring 2024, EC President Ursula von der Leyen announced Monday. The European Hydrogen Bank, launched in October last year, will have a budget of €3 billion ($3.3 billion). The auction’s first pilot is scheduled to open on Thursday, offering an initial €800 million to renewable hydrogen producers in the European Economic A…
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