Spain has a project portfolio of 15.5 gigawatts (GW) in "green" hydrogen and quadruples the 2030 target

In Spain there are already a total of 80 projects spread throughout the country, although they are mainly focused on the southern, Cantabrian and Mediterranean coasts because they are more industrialized areas and have more possibilities of adopting this technology. Most of these projects are aimed at industrial applications for renewable hydrogen, with a total of 27, and in mobility (land and sea), with 29.

This "mega-portfolio" of projects for the development of more than 15 gigawatts (GW) of installed capacity of electrolyzers, despite the fact that many of them will probably not be consolidated, demonstrates the interest unleashed by green hydrogen in Spain, according to Europa Press.

Sources from the Ministry for Ecological Transition and the Demographic Challenge considered that this appetite gives "a clear vision that the objective of 4 gigawatts (GW) at the end of this decade will be reached and surpassed". That is why the government is working towards next year's revision of the National Integrated Energy and Climate Plan (Pniec) to raise the renewable hydrogen target to 2030.

The Government has made the push for renewable hydrogen a country strategy. In fact, the 2030 roadmap foresees these 4 gigawatts (GW) of installed capacity of electrolyzers, that a minimum of 25% of hydrogen consumption by industry must be renewable, and the implementation of hydrogenerators, trains and heavy transport vehicles powered by this product.

Spain is the fifth country in the world in wind energy, the eighth in renewable generation, and of all the green hydrogen projects worldwide, 20% are located in Spain, which is only behind the United States.

A sign of the existing interest in green hydrogen is the existing race by all major energy companies in the country for the development of projects.

Cepsa's "Andalusian Green Hydrogen Valley"

Just this week, Cepsa announced plans to build Europe's largest green hydrogen project in Andalusia with an investment of 3 billion euros.

Cepsa's project called "Andalusian Green Hydrogen Valley" will involve the start-up of two new plants, with a capacity of 2 gigawatts (GW) and a production of up to 300,000 tons of green hydrogen, at its Energy Parks in Campo de Gibraltar (Cadiz) and Palos de la Frontera (Huelva). In addition, the project will be accompanied by an additional investment of 2,000 million euros to develop a portfolio of 3 gigawatts (GW) of wind and solar energy projects to generate renewable electricity.

Repsol's Shyne project

Repsol is leading the Shyne project, in which it plans to invest more than 2.2 billion euros to install 500 megawatts (MW) in 2025 and 2 gigawatts (GW) in 2030.

In addition, this project aims to generate an ecosystem that connects the major regional hydrogen initiatives already underway, such as the Basque Hydrogen Corridor (BH2C), the Hydrogen Valley of Catalonia and the Hydrogen Valley of the Region of Murcia. In Shyne, together with Repsol, companies such as Enagás, Navantia, Sidenor or Tubacex, among others, also participate.

Iberdrola and Fertiberia

Iberdrola, together with Fertiberia, launched an integral project that contemplates the development of 800 megawatts (MW) of green hydrogen with an investment of 1,800 million euros until 2027.

In addition, the electricity company has been awarded the construction and operation for 10 years of a hydrogen plant that will be used by Transports Metropolitans de Barcelona (TMB) buses and other fleets and industries in the Zona Franca industrial park, where it will be located, among other projects.

Endesa

Endesa will also develop in As Pontes (Galicia) a green hydrogen generation facility, thanks to the project that promotes up to 100 megawatts (MW) of electrolyzer to be supplied with wind projects in the area that already have the right of connection.

"Win4H2" of Naturgy and Exolum

Likewise, Naturgy has an alliance with Exolum, called 'Win4H2' to develop a network of 50 hydrogenerators in the country's territory.

Interest beyond our borders

But interest in green hydrogen in Spain does not remain in the country's companies, but also attracts international investors. Just a month ago, the Danish shipping company Maersk announced its intention to establish in Spain a large hub for the production of green methanol and ammonia for maritime sector fuels from hydrogen, which could involve an investment of some 10,000 million euros.

There is also the project to build the Iberian hydrogen corridor, called BarMar, which includes a large pipe between Barcelona and Marseille - the details of which will be announced at this week's summit in Alicante - which, once in operation in 2030, could enable 20% of the estimated production of the European Union as a whole to be exported.

New Government aid

Last week, the Government also provisionally approved aid to promote green hydrogen in Spain for 250 million euros for a total of 29 projects spread over nine autonomous communities, which will channel a total investment of close to 900 million euros.

In total, these 29 awarded projects amount to 487 megawatts (MW), which represents 12% of the target set by Spain to 2030 to promote green hydrogen. Among those awarded are the country's main companies in the energy sector, such as Repsol, Iberdrola, Cepsa, Endesa, EDP and Enagás, among others.