Home Bulletin detail

Second European Hydrogen Bank Auction Launched With €1.2bn Budget

2024-12-04 11:41

Wedoany.com Report-Dec 04, The European Commission has launched its second European Hydrogen Bank (EHB) auction for green hydrogen producers, with a budget of €1.2bn ($1.26bn).

Backed by EU Emissions Trading Scheme (ETS) revenues through the Innovation Fund, the IF24 auction will provide per kilogramme subsidies to green hydrogen projects to bridge the cost gap with fossil fuels.

With a budget €400m ($420m) larger than the pilot auction, which signed its funding contracts with six projects in October, the new auction will provide €1bn ($1.05bn) for projects supplying hydrogen to any sector, with the remaining €200m ($210m) dedicated to maritime applications.

Project developers will now have until February 20, 2025, to bid for the subsidies, which come with a ceiling price of €4/kg ($4.21/kg) of green hydrogen.

The first auction had a ceiling price of €4.5/kg ($4.73/kg). However, no project gained any more than €0.5/kg ($0.53/kg).

If successful, bidders will sign grant agreements within nine months after the call closure. Under the conditions of the funding, projects will also need to begin producing within five years of signing the agreement.

The EU’s climate chief, Wopke Hoekstra, said, “Under the Innovation Fund, we’re putting revenues from the ETS to work, once again.”

This newsletter is compiled and reprinted from the global Internet and strategic partner information, and it is only for readers' communication. If there are any infringements or other issues, please inform us timely, this site will be modified or deleted. Email: news@wedoany.com
Negotiable
Does the cold winter make your car unable to start? This palm sized product can help your car HOT export starting power supply 16V for new energy vehicles, two wheeled tricycles, providing assistance in starting your beloved car in winter, 2000F
Negotiable
6000mAh super capacitor battery 21700 electronic spray 4.2V6000F electric logistics vehicle electric two wheeled tricycle battery flashlight electric toy car
Negotiable
Square and Round Digital Instruments
Negotiable
Compact Digital Instrument
Negotiable
DIN Rail Digital Instrument
Negotiable
Rectangular Digital Instrument
Negotiable
Square Digital Instrument
Negotiable
C3 and E3 Series Digital Multifunctional Electrical Measuring Instruments
Negotiable
Digital Multifunctional Electrical Measuring Instrument
Negotiable
Processing customized supercapacitor battery 4V 4.2V starting power module 2400F 2600F new energy battery vehicle electric two wheeled three wheeled four wheeled vehicle, etc
Negotiable
4.2V supercapacitor battery 2000F electric vehicle can be used about 20000 times. Application scenarios can be selected and customized
Negotiable
Original factory direct sales energy storage group 3.6V2000F graphene supercapacitor 2.7V 3000F Farad supercapacitor 18650 guide needle
Negotiable
186500S flat top rechargeable battery 4000mAh graphene supercapacitor battery 3.6V charging power supply
Negotiable
48V51.2V200ah10kw 15 degree household solar photovoltaic supercapacitor battery energy storage wall mounted supercapacitor battery
Negotiable
Graphene supercapacitor battery 4.4V emergency start 4000F energy storage cell soft pack super start power supply
Negotiable
18650 Capacitor Battery 2500mAh 2.7V 3.7V 4.2V 3000mAh Outdoor Charging Refrigerator Safety Protection and Other Applications Wide Power Nuclear New Energy Supercapacitors Supercapacitors Supercapacitors 18650
Negotiable
GHenergy Graphene 3.0V Supercapacitors 3000F Bolt Cylindrical Start up Energy Storage Power Supply Photovoltaic Energy Storage Used Over 100000 Times
Negotiable
GHenergy drone super battery 4.2V4000F, extended range, fully charged energy storage power supply, agricultural drone inspection drone aerial photography drone 18650 supercapacitor