Hydrogen Power Generation Bidding Market - Clean - Round 2

Source: International Energy Agency
Last updated: 26 May 2026

In 2025, a second hydrogen auction will award 3 TWh of low-carbon hydrogen and 1.3 TWh of hydrogen-based power (no GHG criteria) under 15-year contracts starting in 2028. The auction is open to imports and various technologies, with bid price (60%) as the main evaluation factor, alongside certification (14%), local content (6%), and emissions reduction (4%). Applications close between July and September 2025, with results expected by November. Key changes include FX indexation and flexible volume adjustments. Around 15 projects are expected to be supported.

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