MITECO grants €100m to seven electrolysers projects in Spain

LONDON (ICIS)–The Spanish ministry of ecological transition (MITECO) announced on 5 June that it granted €100m to seven large electrolyser projects to produce renewable hydrogen.

The projects awarded are estimated to have a total electrolyser capacity of 270MW, and should been initiated within three years from the date of the funding announcement.

The program has awarded aid for amounts of €10m and €15m to seven projects in five autonomous communities: Andalusia (3), Valencia, Asturias, Galicia and Castilla-La Mancha.

The funding was promoted under the third part of the H2 Value Chain H2 (Cadena de Valor), designed to promote both the development of electrolysis and initiatives for the integration of large capacity electrolysers in areas where decarbonization is more challenging, such as industry or heavy transport.

REGULATIONS SUPPORTING HYDROGEN

The funding was part of the Recovery, Transformation, and Resilience Plan’s Strategic Project for the Recovery and Economic Transformation of Renewable Energies, Renewable Hydrogen, and Storage (PERTE ERHA) as well as in the Recovery, Transformation and Resilience plan (PERTE).

The Spanish Council of Ministers has approved on 6 June an addendum to the Spanish Recovery and Resilience Plan, which includes additional investments for several fields, including for projects under PERTEs.

The addendum will be sent to the EC in the next days for evaluation and possible approval.

Spain had designed a hydrogen roadmap, which is revised every three years, to promote the usage of renewable hydrogen in the country. Additionally, Spain had approved several climate targets involving the blending or usage of hydrogen in the past years.

The country aims to have hydrogen account for 25% of total energy consumed by industry and to install 4GW of electrolyser power by 2030.