EU evaluates hydrogen auction options
A number of different options for design are being evaluated by the Commission following the closure of its consultation
The European Commission is investigating various mechanisms for its pilot hydrogen auctions to be held later this year. The EU’s executive body recently closed a consultation on the design of the scheme and will announce the details in June. The first pilot auction, with a budget of €800mn ($855mn), is due to be held before the end of 2023. The Commission says the scheme will have a similar impact as the production tax credit offered under the US Inflation Reduction Act, providing hydrogen suppliers with a fixed price that they will be paid to produce a kilogram of hydrogen. The mechanism will be targeted at purchasing domestic EU hydrogen with funds from the EU Emissions Trading System (ETS

Also in this section
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets