On April 30th, the European Commission unveiled the winners of the first competitive auction held by the European Hydrogen Bank, aimed at boosting renewable hydrogen projects across Europe. Among the victors is the Hysencia project by DH2 Energy, located in Spain.
Vincent Tessé, the Deputy General Director of DH2 Energy, expressed immense satisfaction with the project’s selection after a rigorous bidding process involving 132 submissions, of which 119 were deemed eligible. “Being one of the 7 winners in this European-wide competition not only brings us great joy but also reinforces DH2 Energy’s role as a frontrunner in green hydrogen production,” Tessé noted.
The auction spotlighted the Iberian Peninsula’s strategic importance in renewable hydrogen production in Europe, with 5 out of the 7 winning projects based in Spain and Portugal.
Situated in Plasencia del Monte near Huesca in the Aragón region of Spain, DH2 Energy’s Hysencia project features a 35 MW electrolyzer capacity powered by a dedicated 49 MWp solar photovoltaic plant. Over the first decade of operation, the hydrogen produced is set to be utilized in the industrial and mobility sectors, potentially avoiding the emission of 115 kilotons of CO2.
Managed by the European Climate, Infrastructure and Environment Executive Agency (CINEA), this auction is part of the broader “European Hydrogen Bank” initiative under the European Union Innovation Fund, which aims to promote the production of renewable hydrogen.
About DH2 Energy:
DH2 Energy is committed to developing renewable hydrogen through water electrolysis and producing hydrogen and its derivatives. A leader in the Spanish renewable hydrogen sector, DH2 Energy boasts a significant project pipeline in various stages of development. The company, headquartered in Madrid, operates across the Iberian Peninsula and has expanded its reach to markets in France, Mexico, and Uruguay.
