🧵RHC CEOs met with @EU_Commission EVP @MarosSefcovic to discuss the #HydrogenBank.
They stressed the need for:
1⃣ Including a resilience criterion to ensure a level-playing field
2⃣ Relaxing temporarily cumulation rules to close the cost-gap.
3⃣ Increasing its budget.
⤵️
Tomorrow, Member States will meet to appoint the next President of the European Commission.
The current @EU_Commission supported the renewable hydrogen industry with its Green Deal. It now needs to be delivered putting the 🌎 competitiveness of Europe’s industry at its core ⤵️
Today, the @EU_Commission announces a budget of €1.2 bn for the 2nd auction of the EU #HydrogenBank. This amount falls short of delivering the necessary scale.
We just published our position for the 2nd auction of the Bank. Read it here: https://t.co/6DBZqHtqxE
We are hiring! #JobAlert
Are you an exceptional communicator with a passion for driving change?
If so, we have the perfect job for you and would love to hear from you!
Check out the full description below and apply or share it with your network.
➡ https://t.co/TXUyteceCX
We call on EU policymakers to adopt a strong industrial policy to turn Europe's innovation edge in electrolysers into global leadership ❗
This is 1⃣ of our key asks for the #EUElections2024
More from our Policy Officer @CombretLouise & in our Manifesto: https://t.co/JPDDQFbY3E
🚨 We call on 🇪🇺 policymakers to increase the #HydrogenBank's budget & to keep the focus on renewable hydrogen only.
This is the 2nd key action we need policymakers to do in the next legislative term.
More from our Impact Director & in our Manifesto: https://t.co/JPDDQFbqe6
Save the date for the Renewable Hydrogen Summit 2024!
🗓 7 November
📍 Brussels
📩 Sign up for registration & programme updates: https://t.co/1AOSiyGHXK
🎯 Interested in showcasing your company as an industry leader? Contact us to discover sponsorship opportunities #RHS2024
🇪🇺 Policymakers must prioritise renewable hydrogen in legislative & funding instruments❗
This is 1⃣ of the 5️⃣ key actions we need policymakers to adopt in the next legislative term.
More from our Impact Director François Paquet ⤵ & in our Manifesto: https://t.co/JPDDQFbqe6
📢Our supporter Copenhagen Infrastructure Partners secures grants from the EU #HydrogenBank!
Located in 🇪🇸 & 🇵🇹, the 2 projects have a combined electrolyser capacity of 1000MW and will help decarbonise hard-to-electrify industry & shipping.
More info ⤵️ https://t.co/fVVjfnU3Jt
🧵7 renewable hydrogen projects secure €720 million under the 1st auction of the EU #HydrogenBank
🗺 The projects, located across four European countries, are set to produce up to 1.58 million tonnes of renewable hydrogen over ten years.
🔎 @EU_Commission publishes Draft Terms & Conditions for the 2nd auction of the European #HydrogenBank
Suggested changes include a ↘️ ceiling price, a dedicated basket for #maritime, #resilience information for ELY manufacturing & more.
More info here: https://t.co/51Tv3qaeoJ
EU Elections | Next 🇪🇺 policymakers can turn the renewable hydrogen industry into a🌍 powerhouse by focusing on:
1⃣ Renewable hydrogen only
2⃣ Boosting EU funding
3⃣ Robust industrial policy
4⃣ 2040 targets
5⃣ System integration
Discover our Manifesto: https://t.co/sB5hmSp9Qm
🚨The @EU_Commission approves Germany's plan to allocate €350 million to the #HydrogenBank and use its "Auction-as-a-Service" tool.
���🇪 will support the construction of up to 90MW of electrolysis capacity & production of 75 000 tonnes of renewable hydrogen.
More info ⤵️
The European Elections are coming up on 6-9 June.
If you are an EU citizen living in an EU country other than the one you are from, you can vote where you reside.
Check if you are still in time and need to register ↓
#UseYourVote
📢 Renewable #hydrogen producers will now receive free carbon credits under the new #EUETS, creating a much-needed playing field.
This is major as it will help:
➡️producers take their final investment decision
➡️offtakers to access renewable hydrogen at least cost
More info ⤵️
🚨Industry, NGOs & think tanks are urging EU policymakers to adopt a robust definition for low-carbon #hydrogen, after consultation of stakeholders.
Only a strong definition will reduce emissions & increase #security in 🇪🇺
Read the letter: https://t.co/5KBvTPReko
📢 Ursula @vonderleyen unveils 2nd round of auctions for the 🇪🇺 Hydrogen Bank, set to begin Spring 2023 with a total value of 3bn€!
Our Impact Director stressed the need for more funding in a recent interview discussing the 1st pilot auction.
Read more: https://t.co/O4XmQ6LoKn
📢 CEOs of the Renewable Hydrogen Coalition call upon the 27 EU Ministers of Finance to adopt a true 🇪�� approach to #renewable #hydrogen financing
The first wave of projects is at the brink of realization but needs decisive measures!
Read the letter: https://t.co/RYp7VoiR9b
🌍 Hydro Havrand achieved a breakthrough by producing the world's first recycled aluminum with #renewablehydrogen
Exciting news: #Renewable#hydrogen can fully replace fossil natural gas without compromising the high quality of the aluminum
Explore more: https://t.co/juCftkwGQ2