Spain Boosts Green Hydrogen Production Target in Energy and Climate Upgrade
Key Ideas
- Spain raises its 2030 green hydrogen production capacity target to 12 gigawatts, showcasing commitment to renewable energy.
- The government's plan aims to establish energy efficiency and renewables targets, supporting companies in planning investments.
- Madrid aims to leverage its abundant sunshine and wind resources to become a key player in green hydrogen production in Europe.
- Although missing a deadline for plan submission to Brussels, Spain is positioning itself as a frontrunner in the green hydrogen sector.
Spain has announced an increase in its target for green hydrogen production capacity as part of a broader upgrade of its energy and climate ambitions. The government's strategy now sets a 2030 target of 12 gigawatts for electrolysers, used in green hydrogen production, up from the initial 11 GW. This move aims to position Spain as a leader in Europe in green hydrogen production, utilizing its ample sunshine and wind resources for clean energy generation. The government's plan, expected to be approved at a cabinet meeting, offers a roadmap for companies, setting targets for energy efficiency, renewables, and more. Despite missing a deadline for plan submission to Brussels, Spain is committed to driving the energy transition and achieving its climate goals through the development of green hydrogen.