Commission opens subsidy scheme to promote renewable hydrogen amid concerns about the Clean Hydrogen research partnership
The European Commission has made a new move to encourage the scale up and deployment of renewable hydrogen, opening the first auction under the European Hydrogen Bank, with €800 million available now through the Innovation Fund to subsidise production, and a further €2.2 billion to come early next year. Producers will bid for a fixed premium per kilogram of hydrogen produced, to help them cover the additional costs of producing clean hydrogen.
Source: sciencebusiness.net
