The Hydrogen Bank is a financing instrument to accelerate the establishment of a full hydrogen value chain in Europe. The European Commission launched the European Hydrogen Bank in 2022 to create investment security and business opportunities for European and global renewable hydrogen production.
The EU has updated hydrogen auction rules to limit reliance on Chinese parts, promoting local supply chains and security.
By Julia Payne27 Sep 2024ReutersPlease login to like, dislike or bookmark this article.