Supply of renewable hydrogen to decarbonise industry
H2Deal Spain, the first industrial implementation of the H2Deal Ambition platform, will become the world’s largest renewable hydrogen giga-project, according to the classification made public by the International Renewable Energy Agency (IRENA).
The initiative will supply renewable hydrogen for the production of green steel, green ammonia, green fertilisers and other low-carbon industrial products. The major buyers, ArcelorMittal and Fertiberia, have a plan to purchase 6.6 million tonnes of renewable hydrogen over the next 20 years, which would avoid 4% of the current CO2 emissions in Spain.
This initiative, driven by companies such as Fertiberia, ArcelorMittal, Enagás Renovables and DH2 Energy, was officially established as an industrial joint venture in November 2021 after a one-year pre-feasibility study, and will now lead to the development, financing and construction of a whole set of infrastructures for hydrogen production and transportation.