Senior Chemical Engineer Expert in Hydrogen, Processes, Projects, Technology, Electrolysers, Compressors, Piping, Tanks, HRS, Fuel Cells.
🌱 EU Moves Forward on Renewable Hydrogen Auctioning 💰 Breakthrough in Promoting Clean Hydrogen! The European Union (EU) is taking a giant step towards promoting renewable hydrogen technologies. The European Commission has announced its first renewable hydrogen auction, earmarking a fund of €800 million for projects across the region. This important step aims to encourage the production of clean hydrogen and achieve a maximum price of €4.5 per kilogram produced. ⚡ 🌱 Competing Globally The EU is competing with US efforts in the hydrogen field. The American Infrastructure and Recovery Act (IRA) also promotes significant investments in clean hydrogen. The EU's bid demonstrates its commitment to lead in the transition to a clean and sustainable energy economy. 💪 📅 Key Dates The first pilot renewable hydrogen auction is scheduled for 23 November, marking an important milestone. Subsequently, the first official auction is expected to take place in the first quarter of 2024. These auctions represent a concrete step towards a future based on renewable hydrogen. 🗓️ 🌍 Global boost The EU's investment of EUR 800 million in renewable hydrogen projects demonstrates its commitment to combating climate change and the adoption of clean technologies across Europe. This global push towards clean hydrogen is essential to achieve a more sustainable future. 🌏 Find out more about this exciting development here! 👉 https://bit.ly/3PsM8OK 🌱💧 #RenewableHydrogen #EnergyTransition #EU
