Canal Isabel II, the water management company for Madrid, Spain’s capital, has announced plans to open the country’s first green hydrogen plant produced from reclaimed water in 2024.
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Green hydrogen has emerged as one of the most promising technologies for decarbonizing the industry, and Spain is leading the way with several projects in development. One of the most promising is HyDeal Spain, a megaproject led by ArcelorMittal and Enagás, which affects the regions of Asturias and Castilla y León.
A delegation of three auditors from the Court of Auditors of the EU is visiting Spain this week to evaluate the progress of green hydrogen in the country.
The Spanish dream of emissions-free heavy industry begins on a craggy Castilian hillside covered in solar panels and concludes with a refreshing beer. Renewable hydrogen will determine the beer’s price and availability.
Spain aspires to establish itself as the first global centre for renewable hydrogen.
Two Repsol initiatives to promote renewable hydrogen in Spain have been awarded 25 million euros in aid as part of the Institute for Energy Diversification and Saving (IDAEfinal)’s concession under the Strategic Programme for Recovery and Economic Recovery of Renewable Energies, Renewable Hydrogen, and Storage (PERTE ERHA).
A 450 million euro ($490.7 million) subsidy for ArcelorMittal’s MT.LU circular hydrogen project has been authorised by Spain.
The country is set to become the first in Europe to extract natural hydrogen, an element that accumulates in the depths of the Earth, which could position Spain as a major European supplier of sustainable hydrogen.
A hydrogen-powered passenger plane being developed by the Swiss start-up Destinus will cut the current 20-hour flight duration between Europe and Australia to just over four hours.
The first well in all of Europe to extract this kind of subterranean hydrogen will be in Spain. In this manner, the nation can emerge as the primary European source of environmentally friendly hydrogen.
