The European Commission has approved a €400m Austrian State aid scheme, as well as a €36m Lithuanian scheme, to support the production of green hydrogen in those Member States through the “Auctions-as-a-Service” tool within the European Hydrogen Bank. The approved schemes will support the production of up to 112 kt of renewable hydrogen in Austria and 13 kt in Lithuania, resulting in the offset of the equivalent of up to 536 ktCO2 and 61 ktCO2, respectively. The aid will be awarded through a competitive bidding process to be concluded in the first quarter of 2025.
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