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Renewable hydrogen sector calls for faster regulation in Spain


CE Noticias Financieras  

 

    Renewable hydrogen in Spain is configured as one of the keys to decarbonization that has already captured the interest and efforts of companies. However, we are facing a context in which the development of projects is ahead of regulation. This is one of the conclusions reached at the first round table discussion held on Tuesday at the First Business Forum "The development of hydrogen in Spain", organized by elEconomista, with the participation of Miguel Mayrata, director of Business Diversification at Redexis; Ohiana Goicoechea, head of Hydrogen projects at Naturgy; Luis Iglesias Rodríguez, director of Renewable Gases at Enagás; . Jorge Palomar, Head of Global Hydrogen Development at Iberdrola; Joaquín Rodríguez Jadraque, Hydrogen Director at Cepsa; Vanessa Cuellas, partner in the Energy and Infrastructure area of Allen & Overy; Daniel Fernández Alonso, Director of Strategy, Public Affairs and Regulation at ENGIE Spain; Maribel Rodríguez Olmo, Business Development Manager in the Hydrogen Department at Repsol; and was moderated by Rubén Esteller, Deputy Director of elEconomista.

    The large firms developing this technology agree on the need to speed up regulation. "It is important for the regulator to develop regulatory measures as projects are developed," explained the director of Business Diversification at Redexis.There is a lot of talk in the country about renewable hydrogen, but strictly speaking, it is still not possible to determine what renewable hydrogen is.

    "It is true that some criteria have become more flexible, especially in relation to additionality, but there is another series of criteria, mainly the hourly correlation, which prevents the development of projects," stressed Goicoechea, who argued that currently the most sensible thing would be a monthly correlation.

    For Vanessa Cuellas, it is necessary to speed up and achieve a regulatory framework that covers regulation, aid and tax incentives, "which, although they are contemplated in the roadmap, we have not yet determined what they will be and what they will consist of", she said. In addition to the need to streamline the permitting systems, the expert pointed out the importance of the system of guarantees of origin in this context.

    "We need less ideology and more pragmatism," said Daniel Fernandez. "In Europe, the Red II directive required us to have a system of guarantees of origin, which was implemented in the summer of last year; today we have the scheme approved by ministerial order, but it will still be implemented in nine months", he exemplified. Despite Spain's potential in terms of natural resources and industrial capacity, these delays have a negative impact when it comes to attracting foreign and even local investors.

    In this sense, Miguel Mayara defended the importance of working in a collaborative environment and attending to the entire value chain simultaneously. The collaborative environment, together with the European funds and the industrial capacity of the companies in what will allow the development of hydrogen", explained the Business Diversification Director at Redexis.

    This position was shared by Maribel Rodriguez, who highlighted the importance of fostering cooperation in the projects so that they have a scale. The expert also wanted to point out that "more than aid to capex, which is necessary in the first phase, what has to be made viable is that this is sustainable in the medium term, and this is achieved with aid to opex or incentives for the use of renewable hydrogen.

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