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European Hydrogen Bank

otherEuropean Union 6 mentions

EU funding and auction platform, under the Innovation Fund, designed to support renewable hydrogen production and close the cost gap between production and market prices.

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Often mentioned with · Technologies

Renewable Fuels of Non-Biological Origin (RFNBO)
Fuels produced from renewable electricity and carbon dioxide, including renewable hydrogen.
2 mentions
Green Hydrogen
Hydrogen produced from renewable electricity sources, considered a critical component for hydrogen's long-term credibility as a clean fuel.
2 mentions
Low-carbon hydrogen production
The process of producing hydrogen with minimal greenhouse gas emissions, intended to fuel fuel-cell electric vehicles.
1 mention
Technologies
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Often mentioned with · Locations

world
4 mentions
Europe
Europe
1 mention
Throughout the country
Throughout the country
SE 1 mention
Locations
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Often mentioned with · Projects

German Green Hydrogen Production Expansion
German government initiative to double green hydrogen production capacity from 5GW to 10GW by 2030, expected to produce approximately one million tons of green hydrogen annually.
planned 2 mentions
Hy2Move
An EU-funded IPCEI (Important Project of Common European Interest) coordinating cross-border green hydrogen production, storage and transport projects.
planned 2 mentions

Often mentioned with · People

Ursula von der Leyen
1 mention
Dan Jorgensen
Denmark 1 mention
Leonore Gewessler
Austria 1 mention

In the news (6)

Green Hydrogen Production Accelerates as EU Clears €1.3 B German State Aid via European Hydrogen Bank Auction
Administers the Auctions-as-a-Service mechanism that coordinates national and EU budgets for green hydrogen project funding.
Green Hydrogen Costs and Capacity Gap Threaten EU 2030 Targets
EU funding instrument receiving submissions for third auction to accelerate hydrogen project deployment and scale-up.
Hydrogen Mechanism Launch Puts Europe at the Heart of Clean Hydrogen Market Development
The Hydrogen Mechanism is developed under the European Hydrogen Bank's mandate, with the goal of supporting a market for renewable and low-carbon hydrogen within the EU until at least the end of 2029.[1][2]
European Parliament Pushes for Cleaner Hydrogen Future with RFNBO Rule Revisions
Recently concluded its second hydrogen auction, reflecting market interest and the strategic role of public funding in hydrogen sector development.[4]
Austria makes €400 million renewable hydrogen investment to reach climate neutral goal
The European Hydrogen Bank's auction-as-a-service program is a mechanism through which Austria will distribute its investment funds for renewable hydrogen projects.
European green hydrogen suppliers can apply for official fixed price support
The European Hydrogen Bank is supporting the first auction of its kind for renewable H2 producers.

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