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Spain seeks funding from Brussels to become a green hydrogen hub

Spain has told the European Commission “Prioritize” the transport and trade of renewable hydrogen from Spain and Southern Europewhere it…

By admin , in news , at May 11, 2022

Spain has told the European Commission “Prioritize” the transport and trade of renewable hydrogen from Spain and Southern Europewhere it can be produced “competitively”, as well as with its financing of “substantial funds”, particularly “under the current circumstances” of Ukraine, to promote the electrical interconnection of the Iberian Peninsula with France. Russia because of the invasion.

In a letter sent to Brussels by Teresa Ribera, the Third Vice President of the Government and Minister for Ecological Transition and Demographic Challenge, advanced by the newspaper ‘Country’ And to which Europa Press had access, it defends supporting these projects in a “coherent” exercise aimed at reducing dependence on Russia and aligning with the ‘Green Pact’.

Spain has an ambitious plan for green hydrogen which is key to achieving climate neutrality and no 100% renewable electricity system after 2050 and Europe is a leader in this technology. The roadmap includes national objectives for the implementation of renewable hydrogen by 2030, including four gigawatts (GW) of electricity installed from electrolysers.

In the letter, dated 6 May and sent to the Commission’s Executive Vice-President for the Green Deal, Frans Timmermann and the European Energy Commissioner, Kadri Simsson, Ribeira stated that “Aware” that Brussels is evaluating potential infrastructure projects, as per short-term need to reduce dependence on Russian gas. However, it stresses that this assessment “should not be detracted from the long-term path of climate neutrality to which the EU has committed itself”.

The Third Vice President of the Government also urged the European Commission to Develop a specific framework “urgently” focused on energy storage, “This will further contribute to the deployment of innovative solutions at all levels, strengthen technical and industrial education in Europe and build manufacturing capabilities,” he says.

Similarly, Ribera insisted on asking the European Commission, noting the “important role” in it, “to accelerate all electrical interconnection projects that are missing to unite the Iberian Peninsula with France, to guarantee that With the aim that they are fully operational in 2030.”

Electric Market Design

On the other hand, the Minister for Ecological Transition and Demographic Challenge also considers it “key” that a specific item on the agenda of the Council of Energy Ministers should be allocated to the design of the electricity market.

In doing so, remember that the Agency for the Cooperation of Energy Regulators (ACER) in its latest report has defended “accelerating market integration or increasing market liquidity, aspects that are largely responsible for interconnectivity.” depend on a good level”.

Spain seeks funding from Brussels to become a green hydrogen hub

2022-05-11 16:30:14