Three Spanish energy sector companies have set out to build a green hydrogen plant in the region of Galicia, northwestern Spain, with a goal to install a 30-MW electrolyser in an initial phase and eventually expand the complex to 200 MW.
Power and gas utility Naturgy Energy Group SA (BME:NTGY), multi-energy group Repsol SA (BME:REP) and gas company Reganosa announced on Friday that they are leading the project, which will be located in the town of Cerceda on the grounds of the now closed Meirama coal-based power plant.
Naturgy used to operate the Meirama plant and Repsol runs a refinery a short distance away. The refinery will be the first off-taker of green hydrogen from the new project. The partners will also target other industrial consumers, the mobility sector and blend hydrogen with natural gas for injection into the gas grid.
The hydrogen plant will be powered by 100% renewable energy. In the first phase, it will produce over 4,000 tonnes per year, and reach a total production of 30,000 tonnes annually at full 200 MW of capacity, the companies said.
The first phase of the project will be operational in 2025.
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