Feb 21, 2022, 22:16 pm
HyDeal Spain will be the first industrial implementation of the HyDeal Ambition platform announced in 2021, supplying renewable hydrogen for the production of green steel, green ammonia, and green fertilizers. Recently, IRENA ranked the project as the largest giga-scale renewable hydrogen project globally. Anchor sponsors include international steel manufacturing corporation ArcelorMittal, Spanish gas transmission system operator Enagás, Spain’s chemical group Fertiberia and Madrid-based hydrogen company DH2 Energy. Production is planned to start in 2025; the total installed capacity is expected to reach 9.5 GW of solar power and 7.4 GW of electrolyzers by 2030. ArcelorMittal and Grupo Fertiberia plan to purchase 6.6 million tons of renewable hydrogen over 20 years to produce steel, ammonia, and fertilizers. “HyDeal España is the first concrete implementation of the €1.5/kg green hydrogen system announced in February 2021,” commented Thierry Lepercq, chairman of the joint venture and spokesperson for HyDeal Ambition, adding that green hydrogen can now compete with coal, oil and natural gas in both costs and volumes. Spanish authorities have repeatedly said that the European Union should try to avoid importing green hydrogen in the future, giving priority to local production.
https://www.pv-magazine.com/2022/02/18/t...kes-shape/
https://www.pv-magazine.com/2022/02/18/t...kes-shape/