Endesa plans environment-friendly hydrogen projects powered by 2GW of renewables in Spain
- Spanish energy Endesa is preparing to create 23 environment-friendly hydrogen projects in Spain that will be powered by nearly 2GW of solar and also wind capacity.
The business, which is had by Italian energy Enel, said it has presented strategies to Spain's government for the growth of electrolysers with a complete ability of 340MW.
The propositions consist of a financial investment of more than EUR2.9 billion and, when full, will certainly result in the manufacturing of 26,000 tonnes of eco-friendly hydrogen every year.
Of the 8 electrolysers that are planned for mainland Spain, four will certainly be powered by PV, one by a combination of PV and wind, and 3 by wind. These will certainly create 620 jobs during building and construction and 320 jobs in operations and also upkeep over the next 20 years.
The most innovative project is being created in A Coruñan and also feature a 100MW electrolyser powered by six wind farms with a combined capacity of 611MW. Another vital mainland installment will certainly remain in Huelva, in the south of the country, as well as include a 100MW electrolyser fed by 430MW of solar PV.
Rafael González, managing director of generation at Endesa, stated the business wishes to show its "clear commitment" to environment-friendly hydrogen as a key in the energy shift procedure and the decarbonisation of the economy. "These are purposes that we have been dealing with for many years which have marked our method of modern replacement of thermal generation with eco-friendly generation."
Alongside the mainland setups, Endesa will certainly want to develop eco-friendly hydrogen projects in the Canary Islands as well as the Balearic Islands that will certainly have a total of 25MW of electrolysers paired with 59.5 MW of renewables capability, the majority of which will be solar.
After Spain's federal government approved a hydrogen roadmap last year that targets 4GW of set up electrolysis capacity by 2030, utilities in the country have gone on to announce significant developments in the industry. Iberdrola exposed plans in September to develop a new service device focused on hydrogen that will certainly utilize 100% green power in the electrolysis procedure, while Naturgy as well as Enagás have signed up with pressures to create environment-friendly hydrogen plant along with a 400MW PV project in Spain's Castilla y León region.
Current research study from IHS Markit located that green hydrogen production costs have dropped 40% because 2015, thanks to more affordable eco-friendly power and also electrolysis equipment. The research study company forecasts annual eco-friendly hydrogen financial investments internationally to surpass US$ 1 billion by 2023 as governments boost their support for the modern technology.
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