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Global Trade Alert

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EU: Commission launches the new European Hydrogen Bank

Description

On 23 November 2023, the European Commission launched the first auction under the new European Hydrogen Bank (EHB) with a value of EUR 800 million (USD 872 million). According to the Commission, the E...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Nov 2023

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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