Spanish Hydrogen Network to promote the decarbonization of the economy

The SHYNE (Spanish Hydrogen Network) project, the largest renewable hydrogen consortium in Spain, made up of 33 entities from different sectors, was presented today at Campus Repsol, the headquarters of the multi-energy company. It brings together 22 companies and 11 associations, technology centers, and universities under the leadership of Repsol with the aim of promoting renewable hydrogen projects in all areas of the Spanish economy and, thus, stimulating rapid and effective decarbonization through this energy vector that is considered one of the keys to the energy transition.

SHYNE aspires to be a benchmark project in Europe, structuring new opportunities throughout the value chain, through collaboration between companies that pursue a common goal: decarbonizing their activity, and joining efforts and investments to achieve it. To this end, the project has six promoting partners, in addition to Repsol. All are leading companies in their sectors: Alsa, Bosch, Celsa, Enagas, Scania, and Talgo.

The projects grouped in SHYNE will involve an accumulated investment of €3.23 billion. This investment will enable the implementation of different initiatives for the production, distribution, and use of renewable hydrogen in the industrial sector, in transport, as well as other applications, and the development of pioneering technologies and acceleration if the deployment plans for this gas. The overall project is expected to generate more than 13,000 jobs.

The Secretary of State for Energy, Sara Aagesen, participated in the presentation ceremony, pointing out that “renewable hydrogen is a national project. It is the piece of the puzzle we were missing to move towards the decarbonization of the economy, achieve climate neutrality in 2050, and advance in the development of knowledge, ‘made in Spain’ technology, and the consolidation of the business fabric and industrial value chains”. Aagesen also highlighted the important role of hydrogen in the Strategic Project for the Recovery and Economic Transformation of Renewable Energies, Renewable Hydrogen, and Storage (PERTE ERHA) and pointed out that the SHYNE initiative “is set within the Government’s integrative country project”, which “in line with the objectives of PERTE ERHA will promote the development of renewable hydrogen clusters” and that “it is a tractor project for the industrial and technological fabric, with a global approach that brings together large, medium, and small companies.”

For his part, the Secretary General of Industry and SMEs, Raúl Blanco, closed the event by emphasizing that “Spain has a unique opportunity and all the capacity to lead the hydrogen industrial value chain in Europe. The SHYNE project is a great example of this. We celebrate the launch of this project and the participation of 22 companies and 11 associations, technology centers, and universities that demonstrate the unique industrial and technological capacity that Spain has.”

Source: Celsa Group, Photo: Fotolia