The National Centre for Research and Development

Clean hydrogen will play a key role in the climate-neutral economy of the future, and Europe in the framework of its hydrogen-related initiatives must design a hydrogen market, where both supply and demand are fully mature and functional – from that perspective the auction is indisputably a great step forward. 

The auction, funded by the Innovation Fund under the umbrella of the EU Hydrogen Bank, was opened on 23 November 2023. It awards initially up to €800 million to renewable hydrogen producers in the European Economic Area (EEA). The support will take the form of a fixed premium in €/kg of renewable hydrogen produced over up to 10 years of operation, therefore targeting the gap between the production costs and the demand’s willingness to pay.

The aim of the event is to highlight the mechanism of the auction, with an emphasis on its economic conditioning.  It shall also outline the main characteristics of the Hydrogen Bank including its four pillars of the proposed activities.

 

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AGENDA

14:00 – 14:10 Welcome by the Organisers

14:10 – 14:40 Keynote presentation on Hydrogen Bank and its pilot auction: Javier Garcia Fernandez, DG CLIMA, European Commission

14:40 – 14:55 Discussion and Q&A session

14:55 – 15:00 Closing session

 

Register here: REGISTRATION

The deadline for completing the registration form is Wednesday 13/12.