The Diplomat
The European Commission will invest 3.6 billion euros from emissions trading revenues in a total of 41 projects promoting clean technologies, seven of which are Spanish, reports Europa Press.
The selected projects are located in 15 EU Member States – Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain and Sweden; as well as Norway – will be operational before 2030 and have the potential to avoid 221 million tonnes of CO2 emissions in their first 10 years of operation.
The Spanish projects selected to receive funding from Brussels include Repsol’s T-Hynet, which is to start up Spain’s largest electrolyser in Tarragona, with 150 megawatts (MW), in its first phase, scheduled to start up in 2026. In a second phase, which would commence in 2027, the renewable hydrogen production capacity would be increased to 1 gigawatt (GW).
The project, which is part of the Catalonia Hydrogen Valley and the Ebro Hydrogen Corridor and is encompassed within the Shyne consortium, represents a boost to the creation of clusters around renewable hydrogen. Repsol leads the consortium which, together with Enagás Renovable, Iqoxe and Messer, is collaborating in the design and construction of this electrolyser, for which an investment of 320 million euros is planned.
Other projects include Green Meiga’s green hydrogen project led by Iberdrola to produce 100,000 tonnes/year of green methanol in Galicia; EDP’s Asturias H2 Valley for the Aboño power plant; and Forestal del Atlántico’s Triskelion project to manufacture green methanol, also in Galicia.
Also on the shortlist are Basf’s battery recycling project for Tarragona, another by the Danish company Floating Power Plant (FPP) and another by Meyer Burger for the installation, in collaboration with Germany, of a plant to manufacture high-performance photovoltaic cells and modules, both in Spain.
All the selected projects cover a wide range of industries, including cement, steel, advanced biofuels, sustainable aviation fuels, wind and solar energy and renewable hydrogen and its derivatives.
The 41 projects were selected following the third call for large-scale projects, covering four themes, all with a Spanish presence, under the headings: general decarbonisation; industrial electrification and hydrogen; clean technology manufacturing; and mid-sized pilots.
