In what is poised to be Spain’s next energy revolution, a surge of over a hundred projects is set to harness the potential of green hydrogen, marking a pivotal step in the nation’s commitment to decarbonization.
Backed by prominent energy and industrial groups, this ambitious endeavor aims to replace natural gas with emissions-free green hydrogen, catering to sectors challenging to electrify.
Spanish and international companies are spearheading a ‘megaportfolio’ of projects that surpass the government’s 2030 renewable hydrogen production targets. With plans to establish Spain as the world’s premier renewable hydrogen hub, these initiatives are integral to the nation’s economic decarbonization.
The heart of this revolution lies in the deployment of electrolyzers, pivotal devices executing the process of separating hydrogen molecules from water, utilizing electricity sourced from renewables. The aggregated power of these electrolyzers across the projects exceeds 16,500 megawatts (MW), showcasing a substantial commitment to scaling up green hydrogen production.
The strategic deployment of green hydrogen holds the potential to revolutionize economic sectors traditionally reliant on natural gas. Companies like Iberdrola, Endesa, Naturgy, Repsol, and others are driving this change, with the collective power of the projects surpassing the government’s stipulated targets.