British multinational oil company BP is spearheading the creation of Castellón Green Hydrogen, a pioneering project aimed at establishing a renewable hydrogen hub in Spain’s Castellón de la Plana refinery.
In Europe, Spain emerges as a key player, second only to Germany, in harnessing the potential of green hydrogen. With ambitious production targets and cutting-edge research initiatives, Spain is poised to lead the continent towards a carbon-neutral future.
Hive Energy is embarking on a project in Spain. Their Hive H2 Albamed venture aims to become Europe’s largest green hydrogen hub, harnessing the power of the sun and wind to produce clean fuel for the future.
In Spain, researchers at the University of Zaragoza embark on the Hi2BIO project, pioneering a sustainable method to produce green hydrogen from industrial wastewater.
White Summit Capital’s green hydrogen subsidiary, HyFive, has made significant strides in advancing sustainable energy infrastructure, securing €28.7 million in financial support for green hydrogen initiatives across Spain and Germany in 2023.
Wood, a renowned global consulting and engineering firm, has secured a pivotal role as owner’s engineer for a groundbreaking green hydrogen production project in Teruel, Spain.
Spanish Prime Minister Pedro Sánchez has announced a substantial investment of 900 million euros to support ten green hydrogen projects across the country.
Twelve leading Spanish companies, including Talgo, Repsol, and Sener, have united their expertise to pioneer a propulsion system based on renewable hydrogen cells.
Spain’s ambitious plans for hydrogen production face a significant hurdle: water vulnerability. According to the latest report from the International Renewable Energy Agency (Irena) titled “Water for Hydrogen Production,” over 46% of all green and blue hydrogen projects slated for 2040 in Spain will be situated in regions grappling with severe water scarcity.
Spain is leveraging €1.5bn in EU funds to propel itself into the forefront of the green hydrogen revolution. However, scars from the country’s solar energy missteps in the early 2010s serve as a stark reminder of the importance of careful planning and foresight.