Tuesday 12 December 2023

Plans for large-scale green hydrogen production plant in Spain

A new agreement to explore the development of a green hydrogen production facility in Spain has been announced.

Masdar and VERBUND Green Hydrogen signed a deal at the COP28 summit for a 50:50 partnership to explore the feasibility of a large-scale electrolysis plant to help decarbonise hard-to-abate industries in Spain and central Europe to meet net zero goals.

The study will evaluate if green hydrogen produced at the plant has the potential to displace up to one million tonnes of carbon emissions annually – equivalent to removing around 700,000 cars from the road every year.

According to Masdar, the 500,000 tonnes of mainly traditional fuel derived 'grey' hydrogen consumed in Spain annually could be gradually replaced with green hydrogen.

The planned green hydrogen plant is expected to be operational by the end of the decade.

Mohammad Abdelqader El Ramahi, Masdar's Chief Green Hydrogen Officer, said: “Masdar is delighted to be moving forward on this milestone project with our strategic partner, VERBUND Green Hydrogen GmbH. As one of Europe's largest planned green hydrogen production plants, the project aims to produce green hydrogen to help decarbonise the continent's hard-to-abate industries while creating jobs and tapping into the region's enormous solar and wind potential. Our successful collaboration on this project paves the way for further development of green hydrogen and a vital pipeline linking centres of production with end-use markets.

“At COP28, as the world looks for ways to accelerate the journey to net zero, partnerships such as this serve as a powerful example of what can be achieved if we work together with purpose and at pace.”