The Dutch government announced the EUR 1 billion green hydrogen auction to support capital and operating expenditures for green hydrogen. This state aid, paid monthly to the producer, will fill the 80% price gap between grey and green hydrogen for five to 10 years. The subsidy will be adjusted based on the market price of grey hydrogen and a government-set benchmark. If the market price falls below a minimum threshold, the Dutch government will cover the difference up to a cap of €9/kg. This auction, which opens in October 2024, is available for projects with a 0.5 MW or more capacity, aiming to bridge the cost gap and support the transition to green hydrogen.

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