cancel2 2022
Canceled
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The Hydrogen Economy is finally a reality, not just in Spain but Australia and even Namibia are becoming real powerhouses for green hydrogen. This is a proper use for renewables producing electricity for electrolysis not hooked up to power grids and causing huge instability in the process.
7.4 GW green hydrogen facility launches in Spain, initial part of 67GW project that aims to bring price down to fossil-fuel levels
Beginning manufacturing in 2025, the HyDeal España hub is the initial industrial execution of the HyDeal Ambition platform, a European consortium which aims to bring the expense of green hydrogen down to fossil-fuel levels.
It prepares to do so by means of a platform with 67GW of electrolysis capacity, powered from 95GW of solar, in what the International Renewable Energy Agency (IRENA) has ranked as the biggest green hydrogen programme worldwide.
The hydrogen created at the HyDeal España hub already has assured offtakers, with steel maker ArcelorMittal and fertiliser manufacturer Fertiberia backing the project in addition to Spanish gas firm Enagas and also green hydrogen programmer DH2 Power.
HyDeal España was formally incorporated as a commercial joint venture (JV) in November 2021 following an one-year prefeasibility research as well as will certainly provide green hydrogen to a commercial complicated in Asturias, Northern Spain.
ArcelorMittal and Grupo Fertiberia-- "together with other huge hydrogen clients set to join the project"-- strategy to purchase 6.6 million tonnes of eco-friendly hydrogen over two decades to produce steel, ammonia, fertilizers and other industrial as well as energy products.
" HyDeal España is the first concrete application of the 1.5 EUR/kg green hydrogen system revealed in February 2021," claimed Thierry Lepercq, chairman of the JV and speaker for HyDeal Ambition.
Lepercq claimed green hydrogen was "now a full-fledged commodity, able to compete with coal, oil and gas in both costs and volumes".
José Manuel Arias, chairman ArcelorMittal Spain, stated the project "will be able to offer a supply, in competitive problems, of hydrogen gotten using renewable energy sources, which will be essential to enabling us to achieve our 50% carbon dioxide exhausts reduction target in our Spanish operations by 2030."
Enagás' CEO Marcelino Oreja stated the company currently takes part in more than 30 hydrogen-related projects throughout Spain which "HyDeal Españan is one of the most vital".
This year could be a tipping point for Europe's green hydrogen market, with a flurry of tasks predicted if the needed policy setting is attained, according to research study and also consulting firm Delta-EE.
https://www.pv-tech.org/7-4gw-green...ims-to-bring-cost-down-to-fossil-fuel-levels/
The Hydrogen Economy is finally a reality, not just in Spain but Australia and even Namibia are becoming real powerhouses for green hydrogen. This is a proper use for renewables producing electricity for electrolysis not hooked up to power grids and causing huge instability in the process.
7.4 GW green hydrogen facility launches in Spain, initial part of 67GW project that aims to bring price down to fossil-fuel levels
Beginning manufacturing in 2025, the HyDeal España hub is the initial industrial execution of the HyDeal Ambition platform, a European consortium which aims to bring the expense of green hydrogen down to fossil-fuel levels.
It prepares to do so by means of a platform with 67GW of electrolysis capacity, powered from 95GW of solar, in what the International Renewable Energy Agency (IRENA) has ranked as the biggest green hydrogen programme worldwide.
The hydrogen created at the HyDeal España hub already has assured offtakers, with steel maker ArcelorMittal and fertiliser manufacturer Fertiberia backing the project in addition to Spanish gas firm Enagas and also green hydrogen programmer DH2 Power.
HyDeal España was formally incorporated as a commercial joint venture (JV) in November 2021 following an one-year prefeasibility research as well as will certainly provide green hydrogen to a commercial complicated in Asturias, Northern Spain.
ArcelorMittal and Grupo Fertiberia-- "together with other huge hydrogen clients set to join the project"-- strategy to purchase 6.6 million tonnes of eco-friendly hydrogen over two decades to produce steel, ammonia, fertilizers and other industrial as well as energy products.
" HyDeal España is the first concrete application of the 1.5 EUR/kg green hydrogen system revealed in February 2021," claimed Thierry Lepercq, chairman of the JV and speaker for HyDeal Ambition.
Lepercq claimed green hydrogen was "now a full-fledged commodity, able to compete with coal, oil and gas in both costs and volumes".
José Manuel Arias, chairman ArcelorMittal Spain, stated the project "will be able to offer a supply, in competitive problems, of hydrogen gotten using renewable energy sources, which will be essential to enabling us to achieve our 50% carbon dioxide exhausts reduction target in our Spanish operations by 2030."
Enagás' CEO Marcelino Oreja stated the company currently takes part in more than 30 hydrogen-related projects throughout Spain which "HyDeal Españan is one of the most vital".
This year could be a tipping point for Europe's green hydrogen market, with a flurry of tasks predicted if the needed policy setting is attained, according to research study and also consulting firm Delta-EE.
https://www.pv-tech.org/7-4gw-green...ims-to-bring-cost-down-to-fossil-fuel-levels/
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