Funding © BBH Market accessibility problems for German applicants Shifts in Europe’s H2 funding environment 08/16/2024 - When the European Hydrogen Bank’s first pilot auction (Innovation Fund Auction IF23) was announced on Sept. 5, 2023, it drew much attention. April 30, 2024, then saw the publication of the results for the pilot auction, for which the European Union was making EUR 800 million of support available. Seven projects from northern and southern Europe were successful in obtaining funding. The aim of the hydrogen auction is to accelerate the rollout of green hydrogen and send price signals by narrowing the cost gap between green and fossil-based hydrogen. © EU Kommission H2 Bank Selects Seven Projects" 06/13/2024 - The European Commission is allocating nearly 720 million euros to seven projects for renewable hydrogen in Europe. Together, the involved stakeholders aim to produce 1.58 million tons of renewable hydrogen over ten years, thereby avoiding more than 10 million tons of CO2 emissions. Of the selected... © EWE / Litho Niemann + M. Steggemann 3rd funding wave for H2 infrastructure measures Brussels approves IPCEI projects 05/15/2024 - The decision has finally come. In mid-February 2024, the European Commission approved 24 German IPCEI projects aka Important Projects of Common European Interest. Within the framework of IPCEI Hydrogen, funding is granted to large-scale projects across the entire hydrogen value chain – from H2 production and transportation to storage infrastructure and industrial deployment.
