Spain is leveraging its leadership in renewable energy to propel the development of a robust green hydrogen industry. With a target of 11 GW of installed electrolyzer capacity by 2030, Spain is focused on becoming a key player in Europe's hydrogen market. The country's supportive government subsidy programs aim to drive this growth, with initiatives like the €1.2 billion funding package for large-scale green hydrogen projects. Spain's competitive advantage in green hydrogen production is evident in projects like the Puertollano green hydrogen plant and BP's investment in the Castellón refinery hydrogen plant. These initiatives highlight Spain's potential to excel in the green hydrogen sector. The European Hydrogen Bank and the EU's IPCEI Hy2Use program have also recognized Spain's potential, awarding subsidies to major projects and supporting infrastructure development. Spain's projects, such as Hysencia, El Alamillo H2, and Project Catalina, demonstrate low production costs and strong environmental commitments. The country's favorable renewable energy conditions and strong government backing position it as an attractive region for green hydrogen investments. Spain's focus on becoming a net exporter of hydrogen, particularly to countries like Germany, showcases its strategic approach to the global hydrogen market. Despite the lack of specific plans for domestic hydrogen demand, Spain's emphasis on production capacity and cost-efficiency sets a promising trajectory for the future of its hydrogen industry.