Author: Anela Dokso

The European Commission has given consent, inline with EU state aid regulations, to a €350M scheme in Germany that will elevate the production of renewable hydrogen. The scheme is aligned with the European Hydrogen Bank’s “Auctions-as-a-Service” tool goals, the REPowerEU Plan, and Europe’s Green Deal Industrial Plan. It aims to reduce fossil fuel imports from Russia and expedite the green transition. In an intent to support renewable hydrogen production, Germany notified the Commission of a scheme worth €350M. This scheme is part of the European Hydrogen Bank’s “Auctions-as-a-Service” tool. It promotes the construction of up to 90MW electrolysis capacity, encouraging…

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