Nucera has been difficult to evaluate from its inception, with experts estimating a range of 3 billion to 6 billion euros ($3.4 billion to $6.8 billion) for the company, reflecting the uncertainties surrounding the expanding hydrogen industry.
According to the French developer, the RSB plant will generate enough electricity for 16,000 Barbadians and will assist the island nation in replacing some of its old and expensive fossil-fuel-based energy assets.
In a news statement, the APR’s president stated that the port has “many assets,” including those described above, “to which is added its huge availability of land since it is Spain’s largest port, with 1,700 hectares,” according to the institution.
It is, however, an “essential” shift that must include the electrification of processes with a green power certificate, as well as the use of alternative biofuels and hydrogen, “which promises to be the fuel of the future” in difficult-to-reduce sectors like freight transport.
The French group Sogestran is putting the finishing touches to this self-propelled vessel stamped “green” which will make deliveries to Paris by June 2022.
In the Basque Country, competition between large corporations is intensifying with the goal of building an ecosystem around hydrogen and spearheading projects and initiatives.
