China accounts for over half of the green hydrogen production capacity currently operational around the world. Moreover, 94 of the 510 projects globally committed until 2030 (in other words, almost one in five) are located in China.
In Spain, green hydrogen has already mobilised over 3 billion euros in aid from the Recovery, Transformation and Resilience Plan. Of this total, 520 million euros have been earmarked for five hydrogen-intensive projects, while a further 1.2 billion euros have been allocated to the development of hydrogen valleys, which are regarded as a key part of energy and territorial planning.
With nearly 400 projects underway and an investment of over €33 billion, Spain is positioning itself as a leader in the development of renewable hydrogen. Four large electrolysers with a total capacity of 235 MW and an investment of over €700 million are set to be operational by 2026. These will be capable of producing 34,000 tonnes of green hydrogen per year.
Thanks to its potential in clean energy, strategic projects and public support, Spain is establishing itself as the main hub for renewable hydrogen in southern Europe. By leading initiatives such as H2med and the Hydrogen Backbone Network, the country is establishing itself as a key player in the European energy transition.
