EC Executive Vice-President for Clean, Just and Competitive Transition Teresa Ribera at the World Economic Forum
EU backs hydrogen for role in clean industrial strategy
Commission doubles down on plan to boost growth through investment in transition, as European oil and gas majors refocus on fossil fuels
The EU has redoubled its efforts to kickstart the growth of clean hydrogen supply and demand as part of a wider package of measures designed to drive investment in clean technology and decarbonisation. The EU said it will launch its third European Hydrogen Bank auction of green hydrogen subsidies in the third quarter of 2025 with a budget of up to €1b ($1.05b) in a move to “de-risk and accelerate the uptake of hydrogen production”. The EU will also adopt another delegated act in the first quarter of the year, to clarify the rules for producing blue hydrogen “in a pragmatic way, providing certainty to investors”. “The Clean Industrial Deal is Europe’s business plan to tackle the climate
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21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
