Next week, the successful bids for the EU Green Hydrogen manufacturing cash support should be announced. The money available, 800 million euros, dwarfs the £20M spent by the UK DESNZ HAR in Britain recently. That large EU sum results from the support of the EUROPEAN HYDROGEN BANK which has considered 132 offers to produce green hydrogen by 17 EU countries. We will find out how the 8.5GW of electrolyser proposals have been judged, This power level is about one tenth of the EU target for green hydrogen by 2030, Later in 2024 a second round of bids should be defined with 2.2billion euros in play.
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