Projects

Production of renewable H2 by electrolysis

Impacto macroeconómico y social

Flecha
1.22
billion euros

impact on the economy.

721.5 million euros

direct impact.

423.5 million euros

indirect impact.

74.7 million euros

knock-on effect.

Usuario
2,782
Jobs

created.

780 Jobs

direct.

1,165 Jobs

indirect.

909 Jobs

knock-on.

Project description

The project paves the way for the deployment of a competitive hydrogen industry, based on European technology, through the design, construction, operation and validation of a 100MW alkaline electrolysis plant operating 24 hours a day in a major industrial environment in the Basque Hydrogen Corridor. The main use will be for consumption at the Bilbao refinery as feedstock, to replace part of the conventional hydrogen currently generated.

385 MW of PV, 190 MW of wind power and a 73 MW battery are planned to be jointly installed to power the project.

The project will not only replace the use of carbon-intensive hydrogen, with its consequent immediate environmental impact, but will also transform the sector by reducing dependence on fossil fuels and contributing to the creation of a new market, triggering a virtuous circle of increased supply and demand. Subsequently, by scaling up production, this will lead to cost reductions which, in turn, will enable the end use of hydrogen in sectors other than industry.

Investment
Descripción Período Capex (M€)
Generación renovable (eólica y fotovoltaica) 2022 - 2025 411,0
Capex elegible 2022 - 2039 310,5
Total 721,5 M€

Impacto medioambiental

In the refining industry, H2 production is one of the most intensive sources of CO2 emissions, accounting for approximately 20% of all refinery emissions. Through this project, the use of renewable H2 to replace conventionally generated H2 will lead to a significant reduction of CO2 emissions in fuel production.

16,700 tons / year

of hydrogen produced.

CO2

148,500 tons / year

reduction in CO2 emissions.

Naturaleza

Project type

01. Production

Project leader

Enlaces y descargas

Sponsors

Sectores

Renewable gases Renewable gases

Mobility Mobility

Automotive Automotive

Aviation Aviation

Maritime Maritime

Port Port

Gas pipelines Gas pipelines

Waste Waste

Fertilizers Fertilizers

Agriculture Agriculture

Logistics Logistics

Transport Transport

Passenger transport Passenger transport

Freight transport Freight transport

Residential Residential

Engineering and capital goods Engineering and capital goods

Hydrogen refuelling stations Hydrogen refuelling stations

Propulsion systems Propulsion systems

Valves and components Valves and components

23243239