Redaccion
The Government has definitively awarded Repsol a total of 315 million euros to boost its green hydrogen projects in Bilbao and Cartagena, within the European Common Interest Project (IPCEI) Hy2Use program.
The IDAE, an organization attached to the Ministry for Ecological Transition and Demographic Challenge, has published the final resolution proposal confirming these amounts in European funding assistance to the energy company for its electrolyzer projects.
Specifically, 155 million euros are granted for the electrolyzer in Cartagena and another 160 million euros in aid for the project in Bilbao.
Repsol will start the construction of a 100-megawatt electrolyzer at the Petronor refinery in Muskiz (Vizcaya) as part of its Bilbao Large Scale electrolyzer project, with a budget of over 317.6 million euros.
In the Muskiz plant, the energy company has already launched the first electrolyzer in the Basque Country (2.5 MW of power) with an investment of 8.9 million euros.
Additionally, for its Cartagena plant, it will also launch a 100 MW electrolyzer with a project investment of almost 340 million euros.
Alongside these two Repsol projects, the Ver-Amonia project in Teruel, led by Grupo Térvalis – through its subsidiary Fertinagro Biotech -, Iam Caecius, and Energías de Portugal (EDP), has also received the final resolution proposal on Tuesday, with a total of 53 million euros in aid.
DRIVING DECARBONIZATION THROUGH ELECTROLYZERS.
The IPCEI Hy2Use program is a joint project involving 13 Member States (Austria, Belgium, Denmark, Slovakia, Spain, Finland, France, Greece, Italy, the Netherlands, Poland, Portugal, and Sweden) to promote the decarbonization of the industry by installing large-scale electrolyzers that generate hydrogen in the main European industrial centers.
By participating in this IPCEI, Member States contribute to the common goal of supporting a key strategic value chain for the future of Europe, as well as to the objectives of fundamental EU policy initiatives such as the European Green Deal, the EU Hydrogen Strategy, the REPowerEU Plan, or the New Industrial Strategy for Europe (Net Zero Industry Act).
Last July, the Government announced the allocation of 794 million euros to a total of seven renewable hydrogen cluster and industrial technology projects under this IPCEI Hy2Use.
Specifically, the selected projects added an additional electrolysis capacity of 652 MW powered by solar, wind, and hydraulic energy, and it was expected that they would mobilize investments exceeding 6 billion euros over their lifetime.
In addition to the three projects that received final approval this Tuesday, there were also the EDP projects ‘Green H2 Los Barrios’ and ‘Asturias H2 Valley’ – which received final approval last week with 78 million euros each -, the green hydrogen project in Magallón (Aragón) by Endesa, and the renewable hydrogen project for the production of green ammonia and fertilizers in Puertollano (Castilla-La Mancha) by Iberdrola.
