Green hydrogen production facility, Spain
Name of the Project
Green hydrogen production facility.
Location
Several possible locations are being considered in the Iberian Peninsula, in Spain.
Project Owner/s
H2 Green Steel (H2GS) and Iberdrola.
The electrolyser will be jointly owned and operated by Iberdrola and H2GS. Iberdrola will deliver renewable energy to the plant, while the direct reduced iron production, including any downstream green steel production processes, will be owned and operated by H2GS.
Project Description
The project entails the construction of a 1 GW plant to produce green hydrogen.
The new plant will produce and supply green hydrogen to a two-million-ton direct reduction tower, enabling green steel production with a 95% reduction in carbon dioxide emissions.
The companies will explore the opportunity to co-locate a green steel production facility capable of producing 2.5-million to 5-million tons of green flat steel a year, in conjunction with the plant.
Potential Job Creation
Not stated.
Capital Expenditure
€2.3-billion.
Planned Start/End Date
Production is intended to start in 2025 or 2026.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
H2GS VP and head of communications Jenny Molvin, tel + 46 79 006 03 99 press@h2greensteel.com.
Iberdrola international media tel + 34 682 814 970 or email Pferguson@iberdrola.es.
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