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12 Jun

Brussels confirms €1.2 billion budget for second H2 auction

The European Commission is earmarking €1.2 billion ($1.3 billion) for the second auction by the European Hydrogen Bank, of which €200 million will be for the maritime sector. The budget of the planned auction was unveiled on Wednesday during a stakeholder consultation meeting in Brussels. It’s around €1 billion lower than industry expectations, Kallanish notes. Commenting on the news, the Renewable Hydrogen Coalition said that the budget fal…
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