In Belgium, the European Union reported that the pilot auction under the European Hydrogen Bank, for renewable hydrogen production in Europe, has attracted 132 bids from projects located in 17 European countries. Kurt Vandenberghe, Director-General for Climate Action, said: “The applications are in and the enthusiastic market response to the pilot auction shows the European hydrogen industry is ready to scale up! Renewable hydrogen is an important solution in Europe’s endeavour to reach climate neutrality by 2050. The success of this pilot auction is the result of thorough engagement and consultation with relevant stakeholders and a solid regulatory framework which provides certainty to investors. We now have a scheme that provides efficient and targeted public support in full alignment with market needs.” The EU stated that zll bids taken together provide for a total planned electrolyzer capacity of 8.5 gigawatts (GWe). Over the span of ten years, this would lead to a total production volume of 8.8 million tons of renewable hydrogen. Producers of renewable hydrogen, as defined in the Renewable Energy Directive and its Delegated Acts, have made their bids to receive support in the form of a fixed premium per kilogram of renewable hydrogen produced, the EU added.
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