The European Hydrogen Bank's second auction for renewable hydrogen production attracted significant attention, with 61 bids from projects in 11 countries. The bids, including those from hydrogen producers targeting the maritime sector, requested over €4.8 billion in grant support, surpassing the available €1.2 billion budget. These projects aim to generate 6.3 gigawatts of electrolyzer capacity, producing 7.3 million tonnes of renewable hydrogen in a decade. This output would cover 7% of the EU's domestic renewable hydrogen production ambition for 2030. The Commissioner for Climate emphasized the auction's role in industrial decarbonization and competitiveness. The evaluation results will be announced by May 2025, with successful projects signing grant agreements by November 2025. The auction highlights the industry's interest in clean hydrogen technologies and the EU's commitment to building a market for sustainable energy sources.