Third auction of European Hydrogen Bank (EHB)

Up to EUR 1.1 billion tender to be launched in Q3 2025. EUR 400 million will be exclusively allocated to RFNBO, EUR 400 million will be open to both RFNBO and low-carbon electrolytic hydrogen that meets the 70% GHG emissions reduction threshold, EUR 200 million will be open to both RFNBO and low-carbon hydrogen that is used in the maritime sector. Grant will be for 10 years, without indexation, at least 75% of the electrolyzers (the individual components, not the entire plant) must originate in a country different than China, 8% completion guarantee, maximum of EUR 200 million to be granted per bid, no offtake restrictions (other than the EUR 200 million for the maritime sector), pay as bid, ceiling price of EUR 4/kg, maximum time for reach FID is 2.5 years after signing the grant agreement and 5 years to start operations.

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