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Bids in first EU hydrogen auction outstrip budget

The EU’s first renewable hydrogen subsidy auction saw an overwhelming response with bids exceeding the EUR 800m available budget, the European Commission said on Monday.

read more... 20/02/2024

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EU Commission urges France to raise renewables target to ‘at least 44%’

The EU’s energy commissioner, Kadri Simson, has urged France to raise its renewable energy target to “at least 44%” by 2030, warning it would consider taking “steps” at EU level in case of persistent shortcomings.

read more... 16/02/2024

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EU approves $7.4 bln in state aid to boost renewable hydrogen

The EU commission said on Thursday it had approved 6.9 billion euros ($7.4 billion) in state aid for infrastructure projects to boost the supply of renewable hydrogen.

read more... 16/02/2024

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Germany grants €3.5 billion for green hydrogen import program

Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives.

read more... 15/02/2024

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Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift

Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.

read more... 06/02/2024

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