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    Enel Green Power and Saras project to benefit from European funding for green hydrogen

    September 30, 2022 - CE Noticias Financieras


      SardHy Green Hydrogen, the company born from the joint project of Enel Green Power and Saras for the development of green hydrogen in Sardinia, is among the beneficiaries of public subsidies of 5.2 billion euros approved by the European Union, within the IPCEI Hy2Use, aimed at supporting research and innovation, the first industrial deployment and the construction of relevant infrastructures in the hydrogen value chain, informed the energy company.

      Specifically, the project consists of the installation by SardHy Green Hydrogen of a 20 megawatt (MW) electrolyzer at the industrial site of Sarroch, in the province of Cagliari, it said.

      The plant, powered exclusively by Enel Green Power's renewable energy, will be used to produce green hydrogen for the Saras refinery to reduce the carbon footprint of its refining processes.

      The CEO of Enel Green Power, Salvatore Bernabei, stressed that the energy transition encompasses all productive areas, and, in this sense, "green hydrogen plays a central role in the decarbonization process of energy-intensive industrial sectors, where hydrogen is used as a raw material or for the production of heat at high temperature, in which the reduction of CO2 emissions through electrification is not possible or is more complex".

      The amount of funding for this second major project of common European interest is 5.2 billion euros, which will be used to support 35 projects planned by 29 companies from 13 Member States, including Italy. The four Italian companies admitted to the second IPCEI on hydrogen will receive a total of 500 million euros.


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