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Commission opens subsidy scheme to promote renewable hydrogen amid concerns about the Clean Hydrogen research partnership

The European Commission has made a new move to encourage the scale up and deployment of renewable hydrogen, opening the first auction under the European Hydrogen Bank, with €800 million  available now through the Innovation Fund to subsidise production, and a further €2.2 billion to come early next year. Producers will bid for a fixed premium per kilogram of hydrogen produced, to help them cover the additional costs of producing clean hydrogen.

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