Netherlands to hold €300mn green hydrogen import auction through H2Global

Dutch government agrees to synchronise upcoming green hydrogen derivates tender with Germany; Austria, Belgium also in talks

The Dutch government has agreed to fund a €300mn ($327mn) auction window through the German-led H2Global initiative to import green hydrogen derivatives. The Austrian and Belgian governments are also in talks to join the initiative, H2Global CEO Timo Bollerhey tells Hydrogen Economist. “The European Commission also remains interested in utilising H2Global as a green hydrogen auction platform,” he adds. The Dutch participation is the first investment from another state into the €4.5bn H2Global initiative, which has been backed by the German government since 2021 but which aims to expand into a Europe-wide green hydrogen trading system. €900mn – German budget for first three H2Global ten