EU Funds €62M Green Hydrogen Project for Decarbonization in Portugal
Key Ideas
- HYTLANTIC's GreenH2Atlantic project secured €62M from the EU Innovation Fund for large-scale renewable hydrogen production.
- A 100 MW electrolyser powered by wind and solar energy will supply the Sines refinery and integrate green hydrogen into the natural gas grid for regional and industrial decarbonization.
- Only eight out of 70 proposals advanced to the grant agreement phase, showcasing the strategic role of ERM in securing funding and providing project support.
- The project highlights the EU's commitment to renewable hydrogen infrastructure expansion and supporting decarbonization efforts in Europe.
The HYTLANTIC GreenH2Atlantic project in Portugal received a significant funding boost of €62 million from the EU Innovation Fund to drive large-scale renewable hydrogen production. This strategic initiative involves deploying a 100 MW hydrogen electrolyser powered by renewable wind and solar energy. The green hydrogen generated will be utilized to supply the Sines refinery and will be blended into the natural gas grid, playing a crucial role in regional and industrial decarbonization efforts. ERM, a leading sustainability consultancy, supported the project in securing the funding and provided essential guidance throughout the process. This successful collaboration highlights the EU's dedication to expanding renewable hydrogen infrastructure and fostering major decarbonization projects. The progression of GreenH2Atlantic underscores the importance of such initiatives in advancing the European energy transition and setting a precedent for future large-scale green hydrogen facilities.
Topics
Homes
Renewable Energy
Energy Transition
Decarbonization
Renewable Electricity
Industrial Competitiveness
EU Innovation Fund
Sustainability Consultancy
Hydrogen Electrolyser
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