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Second European Hydrogen Bank Auction

Sector: Hydrogen • Location: Europe

Source: Hydrogen Insight

Project
Completed

The second European Hydrogen Bank auction, which is offering up to €2bn of subsidies, attracted 61 bids across 11 countries before it closed on 20 February, according to the European Commission. The bids requested a total grant amount of €4.88bn to support the production of 7.3 million tonnes of renewable hydrogen from 6.3GW of electrolysers.

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The project “Second European Hydrogen Bank Auction” is an infrastructure initiative in the Hydrogen sector, located in Europe. Taiyo aggregates data on it from Hydrogen Insight.

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Participants

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Status

Original status

Completed

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Description

Description

The second European Hydrogen Bank auction, which is offering up to €2bn of subsidies, attracted 61 bids across 11 countries before it closed on 20 February, according to the European Commission. The bids requested a total grant amount of €4.88bn to support the production of 7.3 million tonnes of renewable hydrogen from 6.3GW of electrolysers.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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