Enagas accelerates investment in hydrogen
Spanish gas network operator earmarks over €800mn for dedicated hydrogen projects between now and 2030
Spanish gas grid operator Enagas has outlined plans to invest more than €800mn ($805mn) in dedicated hydrogen infrastructure and production projects as part of a plan to position itself as a “reference hydrogen network operator” by 2030. The company plans to spend €670mn—including €235mn by 2026—on hydrogen infrastructure for projects in Spain including the Hydeal hub and the Catalina green hydrogen facility. The investment will also be aimed at connections to the transport network and at the development of new hydrogen storage facilities, the company says in a strategy update. Separately, the company’s renewables arm, Enagas Renovable, plans to invest €205mn in 30 green hydrogen projects an
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory