Increasing renewables capacity in Spain is set to bring down the cost of green hydrogen
Spanish legal framework holding back green hydrogen
Madrid has committed to public investment and updating regulations, but developers are waiting for reforms including guarantee of origin system
Spain has the potential to become one of the most significant EU hubs for green hydrogen due to its high renewables capacity, but experts have warned it must first develop an effective regulatory framework and guarantee of origin system. The Spanish government approved a roadmap in October 2020 that would see it invest €1.5bn in green hydrogen projects as well as enact other regulatory measures, with the goal of installing 4GW of electrolysers by 2030. “Developers do not currently see a clear regulatory framework” Diez, Watson Farley & Williams The plan involves constructing 150 retail hydrogen stations and sets a goal for green hydrogen to contribute a minimum of 25pc of all
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