DH2 Energy wins the first European renewable hydrogen auction.
The European Commission announced on Tuesday, April 30, the projects that have been awarded in the first European hydrogen auction and the Hysencia renewable hydrogen production project by DH2 Energy is one of the winners.
Vincent Tessé, DH2 Energy Deputy General Manager, said:
We are delighted that DH2 Energy’s Hysencia project has been selected by the European Commission in a process as highly competitive as this first European Hydrogen Bank auction.
“Of the 132 projects submitted, 119 were considered eligible and competed in the final round. Being among the 7 winners in this European auction fills us with satisfaction at DH2 Energy and confirms DH2 Energy’s position as a leading developer in the production of renewable hydrogen,”
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With 5 of the 7 winning projects located in Spain and Portugal, the auction also confirms the importance of the Iberian Peninsula for the production of renewable hydrogen in Europe.
DH2 Energy’s Hysencia project is located in Plasencia del Monte, in Huesca (AragĂłn), and consists of a 35 MW capacity electrolyzer and a 49 MWp photovoltaic power block. Hysencia’s hydrogen will be used in the industrial and mobility sectors and will avoid the emission of 115 kilotons of COâ‚‚ in the first 10 years of operation. This project demonstrates the leadership position of DH2 Energy in the Iberian Peninsula.
This auction is managed by the European Climate, Infrastructure and Environment Executive Agency (CINEA) and is carried out within the framework of the European Hydrogen Bank, to promote the production of renewable hydrogen and is one of the many initiatives of the Fund Innovation of the European Union.
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DH2 Energy wins the first European renewable hydrogen auction. source
