France has initiated a significant move in its decarbonization strategy by launching a competitive bidding procedure to provide financial support for the production of renewable or low-carbon hydrogen through water electrolysis. This initiative falls under the legal framework established by Ordinance no. 2021-167, focused on accelerating the deployment of green hydrogen production capacity. The support mechanism includes a 15-year financial aid program with a maximum price cap of 4 euros per kilogram of hydrogen. The competitive bidding procedure outlines a phased approach, beginning with the selection of candidates based on technical and financial capabilities, followed by a competitive dialogue phase to refine projects, and finally designating winners for financial support. The eligibility criteria demand entirely new installations, demonstration of technical capabilities and project maturity, and adherence to a strict timetable for financial closure and industrial commissioning. Candidates are required to showcase an electricity supply plan with a significant portion secured from renewable sources, along with commercial commitments for direct industrial use. They must also provide a financial guarantee and comply with cybersecurity criteria. The procedure emphasizes the resilience of projects and their contribution to the 'net zero' strategy in Europe. Project selection will be based on a price criterion (weighted at least 70%) and non-price criteria (weighted up to 30%), with a focus on the level of subsidy requested and the projects' energy, technological, and environmental impact. While the price criterion holds significant weight, non-price criteria will also influence project selection based on strategic aspects such as innovation and environmental benefits.