Spain tightens grip on EHB green subsidies
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
Spain has strengthened its claim to be the EU’s leading green hydrogen production hub after securing just over half of the project awards in the second European Hydrogen Bank (EHB) auction of subsidies. Eight of the 15 projects selected to receive subsidies are in Spain, highlighting the cost advantages offered by renewable power in southern Europe. The winning Spanish projects total just under 900MW of electrolyser capacity. The second auction results mean Spain accounts for half of the 22 winning projects across the first two auctions held by the EHB, which is funded via the EU emissions trading system. In April, the European Commission approved a separate €400m ($455m) Spanish state aid p
Also in this section
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
