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For the first time, renewable hydrogen will circulate in the gas network in Seixal, Portugal.
In what he described as a “structural revolution in the economy,” Portugal’s Prime Minister asserted that the creation of green hydrogen will enable Portugal to not only create the energy it needs, but also to turn into an exporter.
According to the Franco-German statement, Germany will participate in a new hydrogen pipeline project between Spain, Portugal, and France.
With an emphasis on hydrogen and its derivatives, such as ammonia, green methanol, and synthetic fuels, the Portuguese government has presented a set of steps to begin new auction systems for offshore wind and renewable gas. According to the paper, the first green hydrogen tender will be released this year.
According to Prime Minister Antonio Costa, Portugal aims to accelerate the investments in green hydrogen projects that are necessary to decarbonize the economy and will stop requiring environmental evaluations for them in March 2023.
Over the next three years, it is intended to produce 900 MW of storage-enabled renewable energy across Spain and Portugal.
Portugal hopes to become a significant producer and exporter of green hydrogen.
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The project will be built on land owned by the rural parish of Assumar in the Monforte municipality as a result of a cooperation between Lightsource BP and Douro Gas (LSBPDG).