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Portuguese govt approves national hydrogen policy

Source: ARENA (arena.gov.au)

May 22 (Renewables Now) - The Portuguese cabinet approved on Thursday the legislation concerning the National Hydrogen Strategy (EN-H2), which will guide the gradual introduction of green hydrogen into the country's energy mix.

With EN-H2, the government intends to make hydrogen a sustainable and integral pillar of the country's energy transition. Portugal estimates that around EUR 7 billion (USD 7.6bn) will be invested in green hydrogen projects by 2030.

The 1-GW Sines green hydrogen plant stands out among the projects that can be promoted by EN-H2. Scheduled for completion by 2030, the project will require EUR 2.85 billion in investments. It will mainly rely on solar energy, but can also use wind.

Portugal also intends to decarbonise its transport sector and industry -- cement, metallurgy, chemicals, mining, glass and ceramics. It plans to establish a collaborative laboratory for research and development (R&D) activities around green hydrogen.

(EUR 1 = USD 1.095)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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