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AaaS — EU Hydrogen Bank (Spain)

AaaS EU Hydrogen Bank — Spain

Funds renewable hydrogen production and maritime aviation fuel through production premium auctions.

The AaaS EU Hydrogen Bank — Spain 2027 scheme, administered by IDAE, provides €426.4 million in direct grants authorized under European Commission State Aid decision SA.121244, approved on 12 March 2026. The scheme operates as an Auctions-as-a-Service (AaaS) premium: successful bidders receive a per-kilogram production premium bridging the cost gap between renewable hydrogen and fossil hydrogen ov

Renewable hydrogen production (RFNBO); maritime and aviation RFNBO; industrial heat decarbonization.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.19 Feb 2027
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Auction
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.€426.4M

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Last verified: 24 Jul 2026Source: changeflow.com