Led by Repsol and believed to be the largest renewable hydrogen consortium in Spain, the group hopes to develop different initiatives for the production, distribution and use of renewable hydrogen across a variety of sectors.
With this, it is hoped that Spanish Hydrogen Network will reach an installed capacity of 500MW in 2025 and 2GW 2030, achieving half of the target set in the Spanish Government’s Hydrogen Roadmap.
As work on the hydrogen developments take place, it is hoped new opportunities throughout the whole value chain will be discovered, and more than 13,000 new jobs will be created, providing a boost to the Spanish economy.
Josu Jon Imaz, CEO of Repsol, said, Spaim has the opportunity to play a very relevant role in the European renewable hydrogen field. SHYNE will allow us to unite our competences and drive the capabilities we need from small and medium-sized companies to accelerate the decarbonisation of the Spanish economy together.”
Already, consortium members are working to connect large regional hydrogen initiatives, such as the Basque Region Hydrogen Corridor, the Hydrogen Valley of the Region of Catalonia and the Hydrogen Valley of the Region of Murcia.
In addition to connecting existing hubs, SHYNE wants to promote the creation of two new innovation hubs in the regions of Castile-La Macha and Madrid.
Francesc Rubiralta, CEO of CELSA Group, and member of SHYNE, said, “At CELSA Group, the European leader in circular steel production, we have identified renewable hydrogen as a key element to achieve our strategic goal of being net positive by 2040.
“We are already a low-emissions company in our sector, but we are working to achieve zero net carbon emissions in our business. Being part of this project gives us an opportunity to do so and also to contribute to the development of the ecosystem necessary for Spain to become a European leader in the production and consumption of green hydrogen.”
Marcelino Oreja, CEO of Enagas, added, “Companies must be the driving force for change that allows us to advance in the process of decarbonisation of the economy and in a fair and inclusive energy transition.
“To really drive the deployment of renewable hydrogen at this early stage, collaboration between companies, institutions, and administrations is essential. In line with this, Enagas participates in more than 30 hydrogen projects throughout Spain, in collaboration with other partners”.
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