Tag: European Climate

Commission launches first European Hydrogen Bank auction

Posted on by Haptic

The Commission launched today the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of renewable hydrogen can bid for support in the form of a fixed premium per kilogram of hydrogen produced. The premium is intended to bridge the gap Read more about Commission launches first European Hydrogen Bank auction[…]

€4 billion call for proposals for net-zero technologies

Posted on by Haptic

The Commission is today opening the Innovation Fund’s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from the EU Emissions Trading System (EU ETS), underlining the importance of carbon pricing for the green transition. The Commission has increased the overall funds available, and Read more about €4 billion call for proposals for net-zero technologies[…]