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    Iberdrola leads the way in green hydrogen in Spain

    January 17, 2022 - CE Noticias Financieras


      Spain is making progress in the electrification of its economy. The aim is to achieve total decarbonization. However, the contribution of electricity to energy consumption barely exceeds 20% of the total and should multiply almost 3 times in just 30 years if Europe is to meet its climate goals. For example, industrial processes or heavy transport. For them, the production of green hydrogen from electrolysis - using renewable energy - has become a key factor towards climate neutrality in 2050.The European Union and the Spanish government see green hydrogen as an opportunity. Spain will invest 8.9 billion to install 4 GW of green hydrogen electrolyzers by 2030. The Spanish company that stands out most in our territory is Iberdrola, since it was the first to make green hydrogen a reality and today has more than 60 ambitious projects in two main areas: its industrial use and for heavy transport.the company is also developing in Spain the largest green hydrogen plant for industrial use in Europe. The plant will use 100% renewable electricity to produce ammonia for fertilizers. The green hydrogen produced will be used in Fertiberia's ammonia factory in Puertollano (Ciudad Real) and, later, in Palos de la Frontera (Huelva). In total, the development of 800 MW of green hydrogen is envisaged, with a total investment of 1,800 million euros over the next six years.Iberdrola recently took a further step towards decarbonization and signed an agreement with H2 Green Steel to build a green hydrogen plant with an installed capacity of 1,000 MW and an estimated investment of 2,300 million euros. The new plant will feed clean fuel into an ore reduction furnace with the capacity to produce some 2 million tons per year of pure green iron, reducing CO2 emissions by 95%. The plant will be located on the Iberian Peninsula: several locations are being considered with the intention of starting production in 2025 or 2026.Iberdrola is also involved in the decarbonization of other industrial processes. This has materialized in agreements such as the one reached with the refiner BP and Enagás to study the development of the largest green hydrogen project in the Valencian Community. The purpose of this alliance is to evaluate the installation of an electrolyzer to generate green hydrogen on land owned by BP in Castellón.With Porcelanosa, Iberdrola is also working on the first full-scale solution to electrify ceramic production that combines renewables, green hydrogen and a heat pump. It will be developed at the Vila-real plant (Castellón) and will replace up to half of Porcelanosa's natural gas with green hydrogen. In its decarbonization route, the company is also working with Foresa to analyze the development of investments in renewable hydrogen for the industrial production of green methanol, in Galicia.Another of the industries in which green hydrogen can be applied is heavy transport. In this sense, Iberdrola will carry out more than 20 hydrogen projects in the field of mobility, both in heavy urban transport and in the development of a supply network or projects in ports. In this sense, there is a Trans-European Transport Network based on green hydrogen. This is a set of priority transport networks designed to facilitate the communication of people and goods throughout the European Union, including the entire Mediterranean Corridor to Malaga, the connection of northern Spain with the European network through the Basque Y of H2, the connection of the Levante with Badajoz, enabling the connection with Lisbon, as well as various radial roads from Madrid. Along these corridors, Iberdrola will deploy logistics platforms for road transport (in places such as Zaragoza, Murcia and the Valencian Community) to supply heavy road transport fleets. The project complements the one that has been put into operation in the Zona Franca in Barcelona, where for 10 years a hydrogen plant will serve the buses of Transports Metropolitans de Barcelona (TMB) and other fleets and industries in the industrial park. This hydrogen plant is the first public facility to be commissioned in Spain.


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