Results of IF24 Auction
The IF24 Auction opened on 3 December 2024 and closed on 20 February 2025. The Auction saw a total of 61 bids submitted, including 8 for the maritime topic. The bidding projects span across 11 countries, collectively requesting a grant amount of €4.88 billion to support the deployment of 7.3 million tons of renewable hydrogen production over a maximum period of 10 years, alongside the total installation of 6.3 GWe of electrolysers.
To access further resources on the application process, please follow the provided links below.
Timeline
- 12/06/2024Innovation Fund Stakeholder Consultation
An event to discuss the draft Terms and Conditions for the IF24 Auction
- 27/06/2024Innovation Fund Expert Group Meeting
Presentation of the IF23 Auction results and the draft IF24 Auction’s Terms and Conditions and Auctions-as-a-Service
- 14/11/2024Innovation Fund Expert Group Meeting
Presentation of the IF24 Auction after stakeholder feedback
- 20/02/2024Auction Closure