Unlocking Innovation: European Hydrogen Auction Insights
Key Ideas
- CINEA and DG CLIMA are hosting an Info Day to introduce the IF24 Auction criteria and share lessons from IF23 Auction.
- The IF24 Auction will allocate €1.2 billion to Renewable Fuel of Non-Biological Origin (RFNBO) hydrogen producers in the EEA.
- This auction is a significant part of the European Hydrogen Bank, aiming to boost hydrogen production in the region.
- Participants can engage and access event materials, including presentations and recordings, for further insights and best practices.
On 10 December 2024, the European Climate, Infrastructure and Environment Executive Agency (CINEA) and the European Commission's Directorate-General for Climate Action (DG CLIMA) will jointly host an Info Day focused on the upcoming Innovation Fund 2024 Auction (IF24 Auction). The event aims to present the key features and award criteria of the IF24 Auction and share insights from the previous IF23 Auction through a 'lessons learned' exercise, highlighting best practices in the sector. The IF24 Auction, commencing on 3 December, is set to distribute €1.2 billion specifically to producers of hydrogen classified as Renewable Fuel of Non-Biological Origin (RFNBO) within the European Economic Area (EEA). This auction, overseen by the Innovation Fund, plays a pivotal role as a part of the European Hydrogen Bank initiative, which seeks to promote and support hydrogen production across the EEA. Participants of the event will have the opportunity to engage and inquire about the auction using Slido with the hashtag #IF24Auction. Furthermore, all presentations and recordings from the event will be accessible post-event, providing attendees with valuable resources and further insights into the auction processes and best practices.