Spain's proposed €400 million State aid scheme to enhance renewable hydrogen production has received official approval from the European Commission. The initiative will utilize the European Hydrogen Bank's 'Auctions-as-a-Service' tool to accelerate the green transition and decarbonize the industrial sector. With a focus on promoting clean energy and reducing reliance on Russian fossil fuels, the project aims to develop up to 345 megawatts of new electrolyser capacity, enabling the annual production of 221,000 tonnes of renewable hydrogen. This substantial capacity is expected to mitigate one million tonnes of CO₂ emissions, contributing significantly to environmental sustainability. The aid scheme, designed to support new electrolyser projects within Spain, will distribute grants through a competitive bidding process managed by the European Climate, Infrastructure, and Environment Executive Agency. Successful projects will be granted financial incentives per kilogram of hydrogen produced, fostering compliance with EU standards for renewable fuels of non-biological origin. By aligning with the EU's Clean Industrial Deal and REPowerEU Plan, as well as the European Hydrogen Strategy, the project not only promotes green energy but also ensures fair competition and minimal market distortion. The European Commission's evaluation highlighted the necessity and proportionality of the scheme in driving renewable hydrogen production, with clear incentives and environmental benefits outweighing competitive concerns. This approval signifies a significant step in the EU's hydrogen rollout, emphasizing the commitment to clean energy innovation and industrial sustainability within the bloc.