A European coalition for the financing of electrolytic low-carbon by the Hydrogen Bank

Along with several federations, major companies and pure players representing both future producers and main offtakers of clean hydrogen, and hydrogen national associations, France Hydrogène is calling for the European Commission to include funding for electrolytic low-carbon hydrogen alongside renewable hydrogen in the future auctions of the Hydrogen Bank.

The Hydrogen Bank is a game-changer for accelerating the electrolytic value chain and fast-tracking the launch of large-scale hydrogen projects in the EU.

By supporting both renewable and low-carbon electrolytic initiatives, the Hydrogen Bank would mark a pivotal step towards realizing the complementarity between nuclear and renewables—a vision championed by the President of the European Commission.

 Besides, this action is vital compliance with article 194 TFEU and for establishing a non-fossil hydrogen market during this crucial period leading up to 2030.