HyDeal España is the first industrial achievement of the HyDeal Ambition platform, recently distinguished by the International Renewable Energy Agency (IRENA) as the world’s largest large-scale green hydrogen project.
HyDeal España will ensure the development, financing and construction of green hydrogen production and transport infrastructure. It will supply competitively priced green hydrogen to an industrial complex in the Asturias region from facilities in northern Spain.
HyDeal España was officially formed as an industrial joint venture in November 2021. This includes ArcelorMittal, Enagas, Grupo Fertiberia and DH2 Energy. Production will begin in 2025 and the total installed capacity will reach 9.5 GW of solar energy and 7.4 GW of electrolyzers by 2030.
ArcelorMittal and Grupo Fertiberia plan to purchase 6.5 million tonnes of green hydrogen over 20 years to produce green steel, green ammonia, green fertilizers and other low-carbon industrial and energy products. carbon, thus positioning these companies as European leaders in decarbonization in their respective markets.
Large-scale green hydrogen will sustainably replace fossil fuels in the industrial, energy and mobility sectors. This will provide Spain with an energy, steel and food alternative, produced locally, in a safe, competitive and carbon-free manner. HyDeal España will provide the equivalent of 5% of Spain’s natural gas imports, contributing to the country’s energy independence. This will avoid the equivalent of 4% of current CO emissions each year.2 of Spain.
