Spain It is working on the largest deployment in its history, spending billions on the production of futuristic energy. A few years ago, Spain chose to strengthen solid criteria for the deployment of renewable energy sources and is now setting a precedent on the continent. Due to the serious consequences of climate change and global warming, the world is desperately seeking alternative ways to meet humanity’s energy needs. A large number of experts believe that hydrogen can be the salvation for everyone.
In reality, Spain is determined and has the ambition to become a major producer of green hydrogen, which is considered a key component in the European transition away from fossils. A goal that is closer than ever after the news that came out a few months ago. Those responsible for Competence of the European Commission approved government support of 1.2 billion euros for Spain’s emerging renewable hydrogen industry.
According to a plan that is fully financed from the corresponding portion Madrid of the recovery fund UE As a result of the pandemic, production facilities with a capacity equal to or greater than 100 megawatts will be able to apply for state aid for the construction of ‘hydrogen valleys’ across Europe. Spain.
The largest deployment of hydrogen is in Spain: it is the largest in its history
In addition to these tools, a A mega renewable hydrogen project will be installed in Spain immediately investment of 2,000 million euros and 5,000 jobs. Spain j China They have signed a multi-million deal to develop green hydrogen. Their alliance is based on three key projects that need to be implemented Andalusia. Among the key players we find the Chinese electrolyzed multinational Hygreen energy and Spanish companies Coxabengoa j Kemtecnia.
The strategic agreement reached by both countries, with an investment of 2,000 million euros, aims to expand the market for green hydrogen and electrolyzed solutions with the support of the Government of Andalusia in Spain. This union includes the construction of an electrolyser production plant and several green hydrogen plants. This is how you want to position yourself Andalusia as a leader in clean energy in Europe, especially in the cities of Huelva, Malaga and Seville.
According to reports ReutersThe multi-million dollar project is based on an electrolysis plant with a capacity of up to 5 gigawatts, which adapts to European hydrogen demand. The first generation will focus its efforts on 5-megawatt electrolysers, devices that use electricity to split water into hydrogen and oxygen and produce energy without CO2 emissions. Andalusiaan area with abundant wind and solar energy will be the perfect location to host these innovations that could accelerate the decarbonization of the European economy.
Spain is experiencing a crucial moment with hydrogen: a new agreement ensures its full deployment
The company’s mission is to build a green hydrogen factory in the Netherlands Huelva of 2,000 million. Moreover, it will create teams Coxabengoa in Seville and will build its own hydrogen technology factory there Malagawhich could become the biggest Europewith a production capacity of 5,000 megawatts. In addition, it will supply the European and American markets, states said Europe Press. Hygreen energywith over 17 years of experience, it will sweep the table Spain.
With this ambitious project in sight, Spain is preparing the largest hydrogen deployment in its history. At the same time, the European country has just injected hydrogen underground. It is illegal and the EU fears a catastrophe could happen.