ICIS EXPLAINS: Spanish renewable hydrogen project support scheme
Aayesha Pathan
27-Aug-2024
LONDON (ICIS) –On 30 July 2024, MITECO (the Spanish Ministry for the Ecological Transition and the Demographic Challenge) published the regulatory basis for allocating €1.2 billion to large renewable hydrogen valleys, also known as hydrogen clusters. A competitive bidding process will launch later this year, with winners to be announced in 2025 and 2026.
The form of support comes as capital grants awarded to hydrogen producers. ICIS has produced the following infographic to explain the core principles of the support scheme.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.
READ MORE
