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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

    Funding and Tenders Portal

  2. 30 November 2023
    IF23 Auction info day

    Recording

  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

News

group picture of the LSC2022 projects at the Cleantech conference
  • News article
Innovation Fund: new large-scale projects meet at Cleantech Conference

39 new, groundbreaking cleantech projects selected under the 2022 Innovation Fund large-scale call gathered for the first time with the European Climate Infrastructure and Environment Executive Agency (CINEA) and the Directorate-General for Climate Action at the Cleantech Conference in Brussels.

  • 2 min read
See all Innovation Fund news
More information