The European Commission has announced the selection of 15 renewable hydrogen production projects in the European Economic Area (EEA) for public funding. These projects, spread across five countries, are expected to collectively produce nearly 2.2 million tonnes of renewable hydrogen over a ten-year period, resulting in the avoidance of more than 15 million tonnes of CO₂ emissions. The hydrogen generated by these projects will be utilized in various sectors such as transportation, the chemical industry, and the production of methanol and ammonia. In support of these initiatives, the projects will receive a total of €992 million in EU funding from the Innovation Fund, which is derived from the EU Emissions Trading System (ETS). The selected bidders, chosen after the second European Hydrogen Bank (EHB) auction, will produce renewable hydrogen in Europe and benefit from subsidies designed to bridge the gap between their production costs and market prices. This financial support aims to expedite the adoption of cleaner fuels in industries that are challenging to decarbonise. The auctions held by the European Hydrogen Bank play a crucial role in the expansion of renewable hydrogen, enabling the displacement of natural gas, coal, and oil in sectors that are traditionally hard to decarbonise. By increasing the production of renewable hydrogen, the reliance on fossil fuels within the European continent is expected to decrease, subsequently enhancing the EU's energy independence and positively impacting various facets such as security, employment, and the decarbonisation of European industries. The selected project developers will now proceed to prepare their grant agreements with the European Climate, Infrastructure and Environment Executive Agency (CINEA), with the signing of agreements anticipated to take place between September and October 2025.