The Spanish government has awarded to Hydnum Steel (HS) 500 MW of access capacity to the national electricity grid at the Brazatortas node in the Ciudad Real region, Kallanish notes.
HS is building the first “green” steel mill on the Iberian Peninsula, designed to use fossil-free energy throughout the manufacturing process and to gradually incorporate green hydrogen to substantially reduce CO2 emissions. The project is valued at €1.65 billion ($1.94 billion). The plant is expected to become operational in 2026.
“The award represents a decisive step towards the implementation of the HS plant, which is set to become one of the main industrial projects linked to the ecological transition in Castilla-La Mancha,” according to the Ciudad Real government. “It was vital to guarantee the energy viability of the project, as it ensures the necessary supply for the operation of the future green steelworks and provides certainty for a strategic investment in the province.”
The resolution, published on Wednesday in the country’s Official Gazette (BOE), is part of the first tender for access to the transmission network, through which the Ministry for Ecological Transition and Demographic Challenge has awarded a total of 928 MW.
This includes five major industrial projects in Andalusia, Castilla-La Mancha, Catalonia and Galicia, promoted by Hydnum Steel, Stellantis Spain, Atlantic Copper, the energy company Moeve and industrial gas supplier Messer Ibérica.
