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EC to launch Eur1.2 billion second renewable hydrogen auction in December

October 3, 2024 Comments Off

The European Commission is to launch the second auction under the European Hydrogen Bank scheme on Dec. 3, with a budget of up to Eur1.2 billion . In updated auction rules published Sept. 27, the EC lowered the ceiling price to Eur4/kg from Eur4.50/kg in the first auction . Winners of the first auction came in well below the cap…