EU changes hydrogen project auction rules to limit Chinese presence
The European Union has announced changes to its rules governing hydrogen grant auctions to limit dependence on China for renewable energy components. This move comes as part of the EU’s broader efforts to prevent over-reliance on Beijing, which dominates sectors such as solar power and electric vehicles. The EU Hydrogen Bank’s next renewable hydrogen auction, set for December 3, will offer up to EUR 1.2 billion (USD 1.34 billion) in grants, but new rules will…