The European Commission has given the green light to a state aid plan totaling 436 million euros, aimed at fostering the production of renewable hydrogen in Austria and Lithuania. This financial support will be channeled through the 'Auctions-as-a-Service' tool within the European Hydrogen Bank, with the goal of generating up to 112,000 tons of renewable hydrogen in Austria and 13,000 tons in Lithuania. The allocation of funds will be carried out via a competitive bidding process which is scheduled to conclude within the first quarter of the year. This initiative is part of a broader strategy to promote the development of renewable energy sources, particularly hydrogen, in line with the European Union's ambitious clean energy objectives. By investing in renewable hydrogen production, the European Commission aims to drive the transition towards a more sustainable and environmentally friendly energy sector. The decision to approve this significant state aid package underscores the EU's commitment to supporting green energy initiatives and advancing the hydrogen economy within its member states.