Iberdrola sets up eco-friendly hydrogen device

Sep 22, 2020 04:54 PM ET
  • The Spanish power business, which has hydrogen projects under way in its homeland and also the United Kingdom, says it will allocate new resources to place itself at the leading edge of the supply of renewables-powered hydrogen.
Iberdrola sets up eco-friendly hydrogen device
Image: Eric Titcombe/Flickr

Ignacio Galán, president of Spanish power company Iberdrola has actually restated business' intent to take a lead on the generation of hydrogen from renewables by introducing a brand-new service system intended to place "the group as a world leader in this innovation."

The brand-new business unit was announced the other day by Galán at the online Climate Week being presented to accompany the digital UN General Assembly in New York. Talking as part of a panel at the occasion, the Iberdrola head of state claimed: "I only know one way to get rid of situations: spend a lot more in future industries and also be much more productive and efficient. The recuperation intends revealed in Europe as well as in the remainder of the world have 2 clear top priorities: the eco-friendly offer as well as digitization. Yet we need to increase." The power business principal said Iberdrola would certainly invest EUR10 billion this year, without defining just how much of the spending plan would be dedicated to renewables.

The firm has actually already invested in environment-friendly hydrogen in Spain as well as the U.K

In Puertollano, near Ciudad Real in the southerly Spanish area of Castilla-La Mancha, Iberdrola will certainly develop the biggest eco-friendly hydrogen plant for industrial usage in Europe, which will certainly be operational next year and cost as much as EUR150 million. The eco-friendly hydrogen generated will be used in an ammonia manufacturing facility operated in Puertollano by Fertiberia, Spain's biggest fertilizer distributor. The project will feature a 100 MW solar plant, a 20 MWh lithium-ion battery system and a 20 MW hydrogen electrolyzer-- among the globe's most significant.

In the United Kingdom, via its Scottish Power subsidiary, Iberdrola is taking part in the 'Green Hydrogen for Scotland' project which intends to develop a network of green hydrogen production plants to provide business fleets as well as strong lorries. The first hydrogen facility is intended on the borders of Glasgow and will use solar and wind energy to run a 10 MW electrolyzer.

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