Lifecycle
- Effective
- Last change
Country / jurisdiction: European Union · Year: 2024 · Status: In force · Level: International · Type: Voluntary
EUR 1.2 billion total, with EUR 200 million for maritime. Max EUR 250 million per project, €4/kg ceiling, 10-year subsidy. Only price is considered. Limits: 25% Chinese stacks, 2.5 years to financial close, 5 years to operation.
Final results:
EUR 992 million to 15 projects, 2.3 GW, 220 ktpa average
Bid prices: €0.2–0.6/kg
12 general (8 Spain, 2 Germany, 1 Finland, 1 Netherlands)
3 shipping (all Norway)
Grants signed by Oct 2025
Official source: https://climate.ec.europa.eu/news-your-voice/news/second-renewable-hydrogen-auction-european-commission-publishes-terms-and-conditions-2024-09-27_en
Source
https://www.iea.org/policies/27897Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.