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€800 million is available under first-ever Innovation Fund auction for hydrogen producers 

Producers of renewable hydrogen can submit a fixed-premium bid to receive support for their production. Applicants will need to prove that at least 70% of greenhouse gas emissions are reduced by the total volume of hydrogen produced. The disclosed ceiling price is €4.5/kg of hydrogen produced as a maximum bid for the fixed premium. After some basic eligibility and quality checks, bids will be ranked from lowest to highest and awarded support, in that order, until the auction budget is exhausted. 

Press release https://is.gd/i9TpsK

Submit your bid by 8 February 2024 https://europa.eu/!YFqgFX 

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