Endesa wants to invest €2.9bn in 23 hydrogen projects

Spanish utility Endesa on Monday (1st Feb) said it wants to invest €2.9bn in 23 green hydrogen projects which would be powered by 2GW of renewable energy.

In a statement, the company said it has presented the plans to the Spanish Government as it shows “clear commitment to green hydrogen as a key in the energy transition process and the decarbonisation of the economy”.

The plans, which span the entire hydrogen value chain from production to consumption, would build electrolysers with an overall capacity of 340MW, fed with 2GW of renewable energy.

“These are objectives that we have been working on for years and that have marked our strategy of progressive replacement of thermal generation with renewable generation,” said Rafael González, General Director of Generation at Endesa.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...