ArcelorMittal says it has agreed to partner with Spanish energy companies Enagás and DH2 Energy, as well as one of the main producers of fertilisers – the Fertiberia Group – to create the world’s largest integrated renewable and competitive hydrogen hub.
The so-called HyDeal España joint venture will manage the development, funding and construction of the H2 plant and transmission infrastructures in northern Spain, Kallanish notes.
The start of production is scheduled for 2025. Total installed capacity should reach 9.5 gigawatts of solar power and 7.4GW of electrolysers by 2030, ArcelorMittal explains.
“HyDeal Spain is a strategic alliance that will give us access to the volume of green hydrogen necessary to advance in the decarbonisation of steel production,” says José Manuel Arias, president of ArcelorMittal Spain. The hub will supply hydrogen obtained from renewable energy sources and will be key to reducing CO2 emissions by 50% in our Spanish operations by 2030”.
ArcelorMittal and Fertiberia will become the main buyers of green H2 in Spain, planning to purchase almost 6.6 million tonnes of green energy from the HyDeal Spain hub in the next 20 years.
Todor Kirkov Bulgaria
