Completion guarantees, tight operational deadlines, and weak demand signals drove green hydrogen projects away from signing grant agreements under the second European Hydrogen Bank (EHB) auction, according to Hydrogen Europe.

The assessment comes after just six of 18 projects invited to negotiate under the €1bn ($1.17bn) second EHB round signed up to receive 10-year production subsidies – amounting to less than a third of the original budget.

This is a paid article, to read the article in full you can
sign in if you are subscribed or
subscribe today.