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Home Home - Europe
EDP's Renewable Hydrogen Project Receives EU Backing

EDP’s Renewable Hydrogen Project Receives EU Backing

Anela DoksoBy Anela Dokso06/02/20242 Mins Read
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The European Commission’s backing of the EDP project to convert the Aboño coal thermal power plant into a renewable hydrogen production facility marks a significant milestone in Europe’s transition to green energy.

With an injection of 18.07 million euros from the Innovation Fund, alongside previous financial support, the project is poised to drive decarbonization efforts in Asturias, Spain.

The ambitious initiative, known as Asturias H2 Valley, aims to repurpose the existing coal plant infrastructure to produce green hydrogen—a key component in industrial decarbonization. By leveraging renewable energy sources and advanced electrolysis technology, the project seeks to reduce greenhouse gas emissions and foster sustainable economic growth in the region.

The transformation of the Aboño plant involves installing 150 megawatts (MW) of electrolysis capacity, capable of producing approximately 19,446 tons of green hydrogen annually. This renewable hydrogen will not only supply EDP’s gas plant but also cater to the needs of other industries, including heavyweights like DuPont and Cementos Tudela Veguín. The project underscores the viability of green hydrogen as a clean energy alternative, paving the way for further adoption across sectors.

The designation of Asturias H2 Valley as a Project of Common Interest (PCI) underscores its strategic importance in Europe’s energy landscape. This status streamlines regulatory processes, facilitates access to financing, and highlights the project’s role in advancing the EU’s decarbonization agenda. By ratifying the aid from the Innovation Fund, the European Commission reaffirms its commitment to accelerating the transition to a sustainable energy future.

As EDP’s renewable hydrogen plant takes shape, it symbolizes a paradigm shift towards cleaner, more resilient energy systems. By harnessing the power of innovation, collaboration, and strategic investment, the project sets a precedent for future endeavors in sustainable energy production and underscores the EU’s leadership in the global fight against climate change.

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