The first European auction, worth some €800 million, is expected to take place this fall. Will the European Hydrogen Bank initiative set up by the European Commission with a budget of €3 billion have an impact on the development of the hydrogen market and maintaining EU competitiveness?
EuropeanHydrogenBank
European Hydrogen Bank and renewable hydrogen a game changer for EU energy autonomy
European Commission President Ursula von der Leyen announced the creation of the European Hydrogen Bank, which will receive €3 billion from the Innovation Fund.