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Low-carbon hydrogen could be considered for EU funding mechanism, document suggests

By Stefano Porciello ( October 15, 2024, 15:17 GMT | Insight) -- The EU hydrogen and nuclear sectors appear to have reason for hope that the competitive auctions mechanism used to distribute renewable hydrogen subsidies can be extended to low-carbon hydrogen from nuclear power, according to suggestions in an internal European Commission document.Hydrogen generated from nuclear power plants could potentially be considered under the EU's auction system for financing innovative low-carbon technologies, EU climate action officials have indicated....

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