This is a component of the government’s strategy for green hydrogen, which aims to supply the market in seven years and make Spain an energy exporter at costs that, by then, it anticipates will be far more affordable than natural gas pricing.
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More than 15.5 gigawatts of renewable hydrogen projects are now in development in Spain, more than doubling the 4 GW objective set in the government-approved “roadmap” for this energy source for 2030.
Over the next three years, it is intended to produce 900 MW of storage-enabled renewable energy across Spain and Portugal.
UK and South Africa to jointly drive green hydrogen projects The British Government will announce the next stage of the…
Fusion Fuel, a Portuguese company that develops solar-to-hydrogen technology, has announced that four of its projects have been pre-selected for grant funding of up to €12.9 million ($13.2 million).
After signing a collaboration contract with the Spanish Government, the Danish marine transport giant Maersk will invest over 10,000 million euros to start a green hydrogen “megaproject.”
The future network for hydrogen will take advantage of and retrofit the existing gas pipelines and the mesh design that reaches the large energy poles.
The firm now has more than 20 green hydrogen projects spread throughout five autonomous communities that are either in the development phase or in the processing phase.
The Project Accelerator Unit of the Ministry of Industry and Energy will handle the processing of the initiative, according to the Autonomous Administration.
Spain is leading the way in the development of green hydrogen because of the country’s expanding wind and solar power industries as well as its ample area for the massive plants required to produce green hydrogen.
