Spanish renewable hydrogen developer DH2 Energy has clinched a pivotal spot in the European Hydrogen Bank's inaugural competitive auction, the outcomes of which were disclosed on April 30.
The acclaimed project by DH2 Energy, dubbed Hysencia, situated in Plasencia del Monte near Huesca in Spain's Aragon region, is set to feature a 35-MW electrolyser paired with a dedicated 49-MWp solar photovoltaic plant. This initiative aims to harness renewable energy for hydrogen production, catering to both industrial and mobility sectors.
Vincent Tesse, Deputy General Director of DH2 Energy, expressed his contentment at securing a spot among the seven victors in what was a fiercely competitive selection process. Out of the 132 bids submitted, a total of 119 met the eligibility criteria and vied for success in the final round.
Highlighting a notable trend, Tesse remarked, “The fact that five out of the seven winners are located in Spain and Portugal underscores the importance of the Iberian Peninsula in Europe's renewable hydrogen production.”
Meanwhile, Copenhagen Infrastructure Partners P/S (CIP) emerged as a significant player, securing a substantial 1 GW of awards in the pilot auction conducted by the European Hydrogen Bank. Notably, the winning bids managed to stay comfortably below the ceiling price of EUR 4.50 (USD 4.81) per kg, signaling an encouraging cost trajectory for renewable hydrogen ventures.
