Iberdrola, bp & Enagás to Research Largest Green H2 Manufacturing in Valencia

Apr 30, 2021 04:07 PM ET
  • Bilbao-based Spanish energy titan Iberdrola has lately disclosed that it is working together with gas and oil business Enagas as well as bp to research the feasibility of structure, at bp's refinery in Castellón, the initial phase of the biggest eco-friendly hydrogen manufacturing center approximately Valencia.

The research focuses on checking out the opportunity of mounting a 20 MW electrolyser for the manufacturing of eco-friendly hydrogen ashore owned by bp in the El Serrallo industrial estate. A 40 MW solar plant, among other sources, would certainly power the electrolyser with renewable resource. Considering that the bp plant in Castellón is the largest manufacturer as well as consumer of hydrogen in the Valencian Community, the firm mentions that this new project will replace the grey hydrogen that the refinery utilizes in its biofuel manufacturing procedure, with green hydrogen which will decrease CO2 discharges by as much as 24,000 tonnes per year, contributing to the plant's decarbonisation. Extra value-added usages for the green hydrogen produced at the plant, such as supplying the heavy transportation sector and also contributing to the decarbonisation of other energy-intensive sectors in the area, will certainly also be checked out by the project.

Iberdrola states that the 20 MW electrolyser could start industrial operations in 2023, with an investment of about EUR90 million. In further phases, the electrolysis capability could be scaled as much as 115 MW, coming to be the largest eco-friendly hydrogen project in the refining field in Spain and the most enthusiastic in the Valencian Community. Along with the electrolyser, the project can incentivise an estimated extra investment of around EUR70 million in new renewable resource facilities and also add significantly to the financial and industrial recovery of the area, resulting in the production of top quality, value-added jobs.

Not just is this the second eco-friendly hydrogen partnership Iberdrola has actually revealed this month, the firm is additionally planning to develop a solar-plus-hydrogen power project at ceramic tile maker Porcelanosa's factory in Villarreal to decarbonise its manufacturing process. The business hopes that this collaboration with bp and also Enagás, will certainly progress their particular decarbonisation strategies for the commercial as well as transport fields in the Valencian Community, an area in which all three business are deeply rooted. Carlos Barrasa, bp Spain's chairman, said the research "strengthens our commitment to hydrogen as a gas of the future".

Ángeles Santamaría, CEO of Iberdrola España, stated, "This is an alliance of business ready to take on the transformation of their manufacturing processes with Iberdrola, which has capacity to generate and supply environment-friendly power, and also the involvement of the supply chain and also the rewards of European funds. With each other, we will add to advancing the technical maturity of environment-friendly hydrogen, transforming it into an affordable solution for the medium-term decarbonisation of sector and hefty transportation."

Iberdrola believes that this effort is aligned with the Green Hydrogen Strategy of the Valencian Community, along with the Hydrogen Roadmap of Spain's Ministry for Ecological Transition and the Demographic Challenge.