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20 Dec
16:37

Germany to pilot auction-as-a-service H2 funding scheme

Germany has become the first EU member state to participate in the bloc’s Auction-as-a Service scheme, offering €350 million ($383.5m) for the pilot auction, the European Commission said Wednesday. The new scheme within the European Hydrogen Bank enables EU countries to finance additional projects participating in the auction after the Innovation Fund’s budget has been allocated. This way, states can support projects in their territories without h…
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