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European Climate, Infrastructure and Environment Executive Agency

Auctions

EU-wide auction for renewable hydrogen production

About

The Innovation Fund awards grants through calls for proposals and auctions (competitive bidding). The Innovation Fund runs auctions to provide cost-efficient support to renewable fuel of non-biological origin (RFNBO) hydrogen producers within the European Union and the European Economic Area. It will kick-start the development of a European hydrogen market and contribute to meeting Europe’s ambitious climate targets.

Step-by-step process

  1. The auction call is published
  2. Bidders submit qualification documents and bids (€/kh of H₂)
  3. Bidders’ qualification documents are checked and bids are ranked on price
  4. Bidders are notified if they passed the prequalification
  5. Bids are awarded until the budget cap is reached and the auction is cleared
  6. The auction outcomes are published
  7. Winners sign the grant agreement
  8. Project construction and entry into operation
  9. Winners receive support upon production of H₂, by volume

Timeline Innovation Fund 2023 Auction

  1. 23 November 2023
    IF23 Auction opens
  2. 30 November 2023
    IF23 Auction info day
  3. 8 February 2024
    IF23 Auction closes

    17:00 CET (Brussels time)

  4. Spring 2024
    IF23 Auction results
  5. Summer 2024
    Contracts with the winning bidders are signed