The European Hydrogen Bank recently announced the winners of its first competitive auction to provide financial support for renewable hydrogen projects. Among them, Spain-based DH2 Energy’s Hysencia project attracted a great deal of interest for its commitment to green hydrogen production. This announcement testifies to the growing importance of renewable hydrogen in Europe’s energy transition.
Development of the Hysencia project
The Hysencia project, located in Plasencia del Monte, Spain, embodies DH2 Energy’s commitment to renewable hydrogen. With 35 MW of electrolyser capacity fed by a 49 MWp captive photovoltaic solar power plant, Hysencia promises a significant reduction in CO2 emissions in the industrial and mobility sectors. This initiative confirms DH2 Energy’s position as the sector leader in the Iberian region.
Regional significance
With five of the seven winning projects located in Spain and Portugal, the auction underlines the growing importance of the Iberian Peninsula in the upstream production of renewable hydrogen in Europe. This recognition reinforces Spain’s role as a hub for energy innovation in the region.
European implications
Managed by the Executive Agency for Climate, Infrastructure and the Environment (CINEA) as part of the “European Hydrogen Bank”, this auction is part of the wider initiatives of the European Union Innovation Fund. It testifies to Europe’s commitment to energy transition and the promotion of clean, sustainable energy sources.
The selection of DH2 Energy’s Hysencia project by the European Commission represents a major step in the transition to a green hydrogen economy in Europe. This recognition confirms DH2 Energy’s key role in promoting sustainable and renewable energy solutions.
