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Home » Uncategorized » Repsol leads €3bn Spanish green hydrogen drive
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Repsol leads €3bn Spanish green hydrogen drive

SaraBy SaraJanuary 20, 20222 Mins Read
Repsol revamps management for renewables drive

Repsol is leading a consortium of Spanish companies to install 500MW of renewable hydrogen capacity by 2025 and 1GW by 2030.

The Spanish Hydrogen Network (Shyne) project aims to install the renewable hydrogen capacity through projects across 10 autonomous communities.

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The projects will require a total investment of €3.23bn that will serve to develop more competitive technologies and evolve both the Spanish industry and its infrastructure towards decarbonization, generating more than 13,000 jobs, said Repsol.

The presentation ceremony was attended by the Secretary of State for Energy, Sara Aage-sen, and the Secretary General for Industry and SMEs, Raül Blanco.

It brought together representatives of the 33 entities that make up this ecosystem at Campus Repsol, the headquarters of the multi-energy company.

In addition to project leader Repsol, six other companies – Alsa, Bosch, Celsa, Enagas, Scania, and Talgo – will act as promoters of the initiative.

The other 26 partners, spanning associations, public and private companies, technology centres and universities, will assume the role of project collaborators.

This 500MW half of the target set out in the Hydrogen Roadmap published by the Spanish Government.

In addition, projects will be promoted throughout the value chain, including installing renewable generation and stimulating the different industrial uses of hydrogen “through a strong sectoral integration”.

It will also promote the use of hydrogen in all transportation segments, through the production of synthetic fuels and the creation of an infrastructure with at least 12 hydrogen filling stations by 2025.

The Shyne project aims to generate an ecosystem that connects the large regional hydrogen initiatives already underway, such as the Basque Region Hydrogen Corridor (BH2C), the Hydrogen Valley of the Region of Catalonia, and the Hydrogen Valley of the Region of Murcia.

In addition, Shyne will promote the creation of two new innovation hubs in the regions of Castile-La Mancha and Madrid.

The objective will be the advancement of competitive technologies that are under development, such as photo-electrocatalysis or solid oxide electrolysis.

A knowledge management centre will also be set up in Madrid to coordinate cross-cutting actions and position the participating technology centres and universities as centres of reference in Europe.

In this way, an efficient network will be created that will capture the synergies between production poles, industrial centres, and other hydrogen consumers, ensuring the competitiveness of the renewable gas and avoiding the transfer of additional costs to end users, Repsol said.

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