The European Commission has selected 15 green hydrogen projects for nearly €1bn public funding following the second European Hydrogen Bank auction.
Eight of the projects are in Spain, three in Norway, and two in Germany, with one apiece in Finland and the Netherlands.
The projects – funded by the Innovation Fund, sourced from the EU Emissions Trading System (ETS) – are expected to produce nearly 2.2 million tonnes of renewable hydrogen over 10 years.
They will now prepare their grant agreement with the European Climate, Infrastructure and Environment Executive Agency. Agreements are expected to be signed by September or October.
The second auction attracted 61 bids from projects spanning 11 European countries in March, with total grant requests reaching €4.8bn ($5.2bn) – four times the €1.2bn ($1.3bn) budget available from the Innovation Fund.
Hydrogen will be produced for sectors such…
