Friday, June 9 2023 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Jun 05
Week of May 29
Week of May 22
Week of May 15
Week of May 08
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    EDP accelerates its green hydrogen investment plans


    March 29, 2023 - CE Noticias Financieras

     

      EDP accelerates its plans for green hydrogen in Spain. The company, presided by Miguel Stilwell and managed by Ana Paula Marques in Spain, has already initiated the environmental procedures for the two large projects it is developing in our country: the Asturias hydrogen valley in Aboño and Los Barrios, in Cadiz.

      Both projects will account for almost all the investment the company plans to make in this technology. In total, the two projects will receive 450 million out of the 500 million foreseen in its strategic plan. Specifically, the company has just submitted the documentation to develop 130 MW of electrolyzers at the Los Barrios thermal site, which represents an investment of 195 million euros. The processing will be done following the guidelines of the Accelerator Unit of the Andalusian Regional Government.

      This project, which follows the application submitted for Aboño with an investment of 295 million, has been considered strategic by the European Commission, as it is included in the so-called Important Project of Common European Interest (IPCEI). It has also been proposed for the granting of aid by the IDAE (Institute for Energy Diversification and Saving).

      The documentation submitted for this environmental process includes two main phases. The first phase has a total electrolyzer capacity of 130 MW and is expected to be commissioned in the first months of 2026. The second phase of the project, if market conditions are favorable, will have another 400 MW of electrolyzer capacity and will be in service by the end of 2030.

      Kronos Solar EDPR, a German-based solar power developer, has started construction of two photovoltaic projects in the Netherlands, the first in the country.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.