Ceres, JM CTOs: Govt support and SAF mandates crucial for hydrogen’s next phase
24 September 2024
Asset manager invests in 1GW green hydrogen project in northeast Germany
25 September 2024The Spanish government today approved a new target to install 12GW of electrolysers producing green hydrogen by 2030 as part of its new updated National Integrated Energy and Climate Plan 2023-2030 (PNIEC).
The previous target, set by Spain’s 2020 Renewable Hydrogen Roadmap, was 4GW.
Also included in the new document — which was approved by the Cabinet this morning — is an objective for 74% of the hydrogen used by industry to be green by 2030. This is far higher than the 42% figure agreed by EU member states last year in the Renewable Energy Directive.