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Green Hydrogen: Serious Applicants Only

The European Hydrogen Bank (EHB) is aiming to act smarter — and tougher — with its second, larger green hydrogen auction. Applying lessons from snags surrounding the first auction held this past spring, the EHB is now setting stricter responsibilities and tighter deadlines for financial closure, while imposing new limits on the use of Chinese products. Ultimately, the terms of the second auction, slated to begin in December, should help further bridge the gap between the cost of producing green hydrogen and the price consumers are willing to pay.

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