MIBGAS Derivatives, in collaboration with DH2 Energy, is launching the first auction for renewable hydrogen in the Iberian market. This initiative marks a significant milestone in the renewable hydrogen sector. The auction, set to commence in November 2023, aims to attract national and international companies interested in renewable hydrogen without application restrictions. The auction will offer various supply lots, and prices will be determined based on volume and contract duration. The renewable hydrogen for auction will be sourced from DH2’s Hysencia plant in Aragón, which is scheduled to start construction in mid-2025. The plant will have an electrolysis capacity of 35 MW and an additional 49 MWp photovoltaic power, aiming to begin operations by the first half of 2027. Hysencia is considered a pioneering green hydrogen project on the Iberian Peninsula and is supported by the EU Hydrogen Bank’s Innovation Fund. Industry leaders, including Raúl Yunta, MIBGAS chairman, and Marcos López-Brea Baquero, DH2 Energy’s managing director, have highlighted the importance of projects like Hysencia in establishing a renewable hydrogen market, driving decarbonization efforts, and stimulating demand. The auction process will involve multiple stages, including pre-qualification, qualification, and a final competitive phase where selected bidders will negotiate contracts with DH2 Energy. The Hysencia plant is expected to play a crucial role in decarbonizing industries and mobility across the Iberian Peninsula.