The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool for the auction closing in 2025.

Auctions-as-a-Service Spain RFNBOs Spanish State European Hydrogen Bank Clean Industrial Deal Hydrogen Strategy Renewable Energy Directive European Union Member States Innovation Fund REPowerEU Plan Russian EU-wide