Latest news
Second European Hydrogen Bank auction with €1.2 billion budget is officially open
The European Commission (EC) has officially opened the second auction under the European Hydrogen Bank, via the Innovation Fund (IF24), to allocate €1.2 billion from EU Emissions Trading System (ETS) revenues to support producers of hydrogen categorized as Renewable Fuel of Non-Biological Origin (RFNBO) located in the European Economic Area (EEA).
read more... 04/12/2024
Poland's Sejm adopts regulations on hydrogen
The lower house of Poland's parliament, the Sejm, has adopted an amendment to the energy law concerning the use of hydrogen, its distribution and storage.
read more... 27/11/2024
EU countries urged to align green H2 rules for refining
EU member states must harmonise the incentives they offer refineries to switch to renewable hydrogen in order to simplify investment decisions and ensure a level playing field, delegates heard at the European Hydrogen Week event in Brussels.
read more... 21/11/2024
Funding for EU’s second hydrogen auction increases to around €2 billion
Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024. In addition to the €1.2 billion in EU funding from the Innovation Fund, the three countries will deploy over €700 million in national funds to support renewable hydrogen production projects located in their countries. The total funding mobilized by the auction will therefore be around €2 billion.
read more... 20/11/2024
Enel to invest EUR 38bn in grids, renewables in 2025-2027
Italian utility group Enel SpA plans to pour EUR 38 billion (USD 40.05bn) into its grid and renewables businesses but will stick to a selective cash allocation approach as it aims to further boost its profitability and lower risk in 2025-2027.
read more... 19/11/2024