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EC Boosts Clean Energy by Launching Second Hydrogen Auction

By: Investor Brand Network
December 06, 2024 at 07:05 AM EST
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.


The European Commission (EC) has launched a second hydrogen auction to boost clean energy projects and help build the world’s renewable energy capacity. The $1.26 billion hydrogen auction had a notably expanded budget compared to the first hydrogen auction and was launched under the European Hydrogen Bank.

This second auction is meant to boost the production of Renewable Fuel of Non-Biological Origin (RFNBO) in the European Economic Area (EEA). Renewable hydrogen is expected to play a major role in the European Union’s transition to clean energy alongside solar, wind, hydropower, and…

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NOTE TO INVESTORS: The latest news and updates relating to Energy and Water Development Corp. (OTCQB: EAWD) are available in the company’s newsroom at https://ibn.fm/EAWD

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