Spain will present a draft law in the coming months to underpin the development of renewable hydrogen, provide greater regulatory certainty for investors and adapt energy markets to green gases, ecological transition minister Sara Aagesen said on Wednesday.

Aagesen said the bill would transpose the European hydrogen package into Spanish law, create a national hydrogen system and establish a new regulated market to boost demand for renewable hydrogen and other green gases.

The draft legislation is intended to offer medium- and long-term visibility to investors and support the rollout of hydrogen infrastructure, Aagesen said, noting that Spain has already channelled more than € 3 billion into renewable hydrogen support schemes.