The European Commission has officially started the process for the second European Hydrogen Bank (EHB) auction by opening a call for proposals, which is set to close on 20th February. This development aims to further promote and support hydrogen-related projects within Europe. Additionally, the announcement mentions countries like Austria, Spain, Lithuania, and Germany participating in schemes such as 'Auctions-as-a-Service' and renewable hydrogen auctions, showcasing a collaborative effort towards sustainable energy solutions. The article also highlights that six renewable hydrogen projects, previously awarded funding in the first EHB auction, have now signed grant agreements, demonstrating concrete progress in the field. Furthermore, the release of updated Terms and Conditions for the EHB auction indicates a commitment to evolving and adapting to the dynamic hydrogen market landscape, with continuous refinements to ensure efficiency and effectiveness in driving the hydrogen economy forward.