EU sets out hydrogen support strategy
The European Commission has released further details of its upcoming pilot auction, as well as unveiling new proposals to localise and diversify hydrogen supply chains
The EU has published proposals to boost security of supply for its energy transition as part of its Green Deal Industrial Plan. These include plans to support domestic hydrogen production via its Hydrogen Bank, slashing permitting timelines for electrolyser and fuel cell manufacturing facilities, and establishing diversified supply chains for critical minerals. The EU plans to award a fixed premium per kilogram of hydrogen produced over a ten-year period in its upcoming auction for domestic renewable hydrogen projects this autumn, according to details unveiled in the bloc’s Green Deal Industrial Plan. Payment will be based on delivery of verified and certified volumes with no payment before
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