Spanish steelmaker Celsa Group has become one of the initiators of the country`s largest multisectoral consortium for the development of a hydrogen network – SHYNE. The project involves 21 other companies and 11 associations, technology centres and universities in Spain.
SHYNE will research competitive technologies and will promote the domestic industry and its infrastructure towards the energy transition and decarbonisation of the economy through renewable hydrogen. The total investment is € 3.23 billion ($3.66 billion) and involves ten autonomous communities, generating more than 13,000 jobs.
Celsa’s participation in this project is fully aligned with its plan to introduce hydrogen into its steel production processes to help speed up its complete decarbonisation.
“Being the European leader in circular steel production, we have identified renewable hydrogen as a key element to achieve our strategic goal of being net positive by 2040,” company executive director Francesc Rubiralta says in a note sent to Kallanish.
“We are already a low-emissions company in our sector, but we are working to achieve zero net carbon emissions in our business. Being part of this project allows us to do so and also to contribute to the development of the ecosystem necessary for Spain to become a European leader in the production and consumption of green hydrogen,” he adds.
According to its hydrogen strategy, SHYNE plans to use different technologies to reach a capacity of 500 megawatts in 2025 and 2 gigawatts in 2030. This is half of the target set in the Hydrogen Roadmap published by the Spanish government last October. It will also promote the use of hydrogen in all transportation segments and the creation of infrastructure with at least 12 hydrogen filling stations by 2025.
Todor Kirkov Bulgaria
