The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has allocated 15 million euros to the VALLE H2V NAVARRA project within the second call for H2 Pioneers. This is the maximum support that can be chosen within a support line that is designed to boost innovative initiatives in order to demonstrate the viability of new business models based on green hydrogen and activate the market. A total of 150 million euros have been awarded in accordance with the motion for a final resolution made public by MITECO. Last April the available funding was also exhausted, another 150 million for 19 projects.
Financed with NextGenEU funds from the Recovery, Transformation and Resilience Plan (PRTR), the H2 Pioneers program is part of the Strategic Project for the Recovery and Economic Transformation of Renewable Energy, Renewable Hydrogen and Storage (PERTE ERHA).
In the resolution of this second call, the 12 projects best valued by the Institute for Diversification and Energy Saving (IDAE), manager of the program, share an integrated approach to the production of green hydrogen by electrolysis from renewable sources and its consumption in industrial activities and processes in a nearby location; either in direct use in substitution of grey hydrogen or natural gas, in transformation to ammonia or methanol, or as fuel for the transport and decarbonization of stationary uses in port environments.
Overall, the result of this call – still subject to the acceptance of aid by beneficiaries – translates into an increase in the electrolysis power of 309 MW. The 12 proposals selected add up to a eligible cost of 502.2 million euros and mobilise a total investment of 578.14 million euros.
H2 renewable: a country project
The grants regulated by this call are framed in Component 9 ‘Road Map of Renewable Hydrogen and its Sectoral Integration’ of the PRTR and, in particular, in your Investment 1: ‘Renewable hydrogen: a country project’. This is one of the main calls for PERTE ERHA, a complete program of instruments and measures to develop technology, knowledge, industrial capabilities and new business models that strengthen the position of Spain’s leadership in the field of clean energy.
THE PERTE ERHA It will mobilize an investment of more than 16.3 billion, between contributions from the Recovery Plan and private funds. In general, financial support will be granted through competitive bids to select the best projects.
In addition, the deployment of this aid mechanism advances the achievement of the objectives of the Hydrogen Roadmap, a strategic document to promote renewable hydrogen. Among other objectives, it aims to achieve an electrolysis power of 300 MW to 600 MW in 2024 and 4 GW in 2030, 10% of the Community objective, which demonstrates the ambition of our country to be a fundamental actor within the European context.