A few years ago, clean hydrogen in Europe seemed stuck in ambition. Targets were bold, but execution was thin. That’s changing fast, thanks to a smart new mechanism that tackles one of hydrogen’s toughest challenges: bridging the cost gap between low-carbon hydrogen and fossil-derived alternatives. Auctions that de?risk and prioritize The European Hydrogen Bank operates via competitive auctions under the Innovation Fund. Producers bid on a fixed-premium subsidy per kilo of hydrogen for up to ten years. Only projects with credible offtake…
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