The upcoming second round of H2Global green hydrogen auctions will see separate subsidised auctions being held on different continents to ensure that a wide range of nations are able to export renewable H₂ or its derivatives to the EU, according to Hintco, the implementing arm of the H2Global Foundation.

The European Commission granted state-aid approval for the second H2Global auction round in mid-December, which will see the German and Dutch governments providing up to €2.7bn ($2.8bn) and €300m of funding, respectively, to subsidise the import of renewable H₂ and derivatives from outside the EU.