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EU Boots Renewable Hydrogen Development

The European Commission awarded public funding in 2025 to 15 renewable hydrogen projects across five countries to boost green energy production.
This funding comes after the second auction held by the European Hydrogen Bank, which seeks to make renewable hydrogen more competitive compared to fossil fuel alternatives amid concerns over the EU's reliance on external energy sources.
Over the next decade, these projects will generate close to 2.2 million tonnes of green hydrogen, focusing on industries that are difficult to electrify, including maritime transport and steel production.
Grants range from €8 million to €246 million per project with subsidies between €0.20 and €1.88 per kilogramme, including a dedicated €96.7 million budget for maritime hydrogen initiatives.
These projects are expected to reduce over 15 million tonnes of CO2 emissions and enhance EU energy independence while a third auction is planned for late 2025 with a €1 billion budget.

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