The European Hydrogen Bank recently concluded its second auction, with larger green hydrogen and ammonia projects emerging as winners. These projects have shown an advantage in securing funding compared to smaller initiatives. The hydrogen sector in Europe is currently grappling with difficulties in obtaining private financing and dealing with escalating costs. Despite these challenges, the auction results suggest that big-scale projects in green hydrogen and ammonia have a promising future. This boost for larger projects indicates a positive trend towards sustainable energy solutions in Europe, particularly in the renewable energy sector. The European Hydrogen Bank's auction outcomes highlight the growing interest and support for green hydrogen and ammonia initiatives, signaling a shift towards cleaner and more environmentally friendly energy sources in the region.