Spain Approves €794m Aid for Renewable Hydrogen Projects
Key Ideas
- The Council of Ministers in Spain has approved €794m in direct aid for seven renewable hydrogen projects, with an electrolysis capacity of 652 MW.
- Five projects will focus on high-capacity electrolysers in industrial areas across different regions, while two projects will target renewable hydrogen generation for industrial sectors.
- These initiatives are in line with Spain's Hydrogen Roadmap, which aims to install 4 GW of electrolysis capacity by 2030 to achieve climate neutrality by 2050.
- The funding is part of the IPCEI Hy2Use program, reflecting Spain's commitment to promoting renewable hydrogen and transitioning away from fossil fuels in industrial processes.
The Council of Ministers in Spain has given the green light to a Royal Decree allocating €794m in direct aid to support seven Spanish projects focused on renewable hydrogen clusters and industrial technologies. These projects collectively boast an electrolysis capacity of 652 MW. The initiatives include the construction of high-capacity electrolysers, with a minimum capacity of 100 MW, in strategic industrial zones like ports or industrial complexes situated in Andalusia, Asturias, Castilla-La Mancha, the Basque Country, and Murcia. This move falls under the IPCEI Hy2Use Technology Field 1 line, which is designed to bolster the usage of renewable hydrogen. Additionally, two Spanish proposals under the IPCEI Hy2Use program will be implemented in Aragon, following the Technology Field 2 line. These proposals aim to drive the technological shift from fossil fuels to renewable energies in industrial sectors by focusing on two renewable hydrogen generation projects. These projects will specifically target the production of fertilizers and other chemical compounds. Spain's Hydrogen Roadmap outlines the country's ambition to install 4 GW of electrolysis capacity by 2030 as a crucial step towards achieving climate neutrality by 2050. This funding demonstrates Spain's strong commitment to promoting renewable hydrogen technologies and facilitating a transition towards cleaner energy sources while reducing dependence on fossil fuels in industrial operations.