Spanish gas infrastructure operator Enagás plans to invest €4.9 billion in green hydrogen-related businesses by 2030.
According to Enagás' average scenario estimates based on data from companies interested in participating in the construction of hydrogen transport infrastructure, renewable hydrogen production in Spain will reach around 2.5 million tonnes per year by 2030. Enagás has registered a total of 650 hydrogen projects, of which 65% is for production, 20% for consumption and the remaining 15% for sales.
In the last quarter of 2023, Enagás announced a "Call of Intent" in which a total of 206 companies participated. Based on the data provided by this non-binding consultation, three possible scenarios are extrapolated:
Maximum potential: Hydrogen production of up to 790,000 tons with an electrolysis capacity of 743 GW.
Call for Interest: Electrolysis capacity is expected to reach 233 GW. By 2030, hydrogen demand is expected to be 1 million tonnes per year, while Spain currently consumes 600,000 tonnes of grey hydrogen.
Base scenario: Hydrogen production of 1. per year60,000 tons, and the electrolysis capacity will reach 134 GW. Hydrogen consumption is still expected to be 1 million tonnes per year. Enagás CEO Arturo Gonzalo said that this figure indicates that hydrogen will have new uses by 2030 and that "Spanish industry will make progress in replacing grey hydrogen with green hydrogen".
Enagás said the results confirm the infrastructure projects called for by the Common Interest Project (PCI) submitted to the European Commission:
Cantabrian Coastal Corridor.
Ebro Valley Corridor.
Levante Corridor.
The Silver Road corridor connected to the Hydrogen Valley in Pratoliano.
Kitiris-Zamora Corridor.
Two underground hydrogen storage facilities in the Cantabrian and Basque Country regions.
A number of new production and demand clusters have also been identified and will be analysed to assess feasibility.
All of these Spanish infrastructure projects will be connected to the future H2MED corridor, through which Enagás hopes to turn the Iberian Peninsula into Europe's leading hydrogen hub. This hydrogen corridor is also included in the PCI and also includes:
The part between Celori da Bella and Zamora (Celza) in Portugal.
The maritime connection between Barcelona and Marseille.
This pipeline is essential for Spain to be able to export its surplus hydrogen, a figure that would reach 1.5 million tonnes per year under an average scenario. In this way, it will help Europe achieve its goal of producing around 10 million tonnes of hydrogen by 2030, with an estimated total consumption of 20 million tonnes.
The total amount of the projects submitted by Enagás to the European Commission's PIC appeal will represent a total investment of €4.9 billion. As for the H2MED project, Spain's participation will involve a total investment of around 1 billion euros. The final plan will be drawn up by Spain**.
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