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Iberdrola to develop a green H2 maritime corridor between Spain and the Netherlands

Iberdrola has taken a definitive step forward in the establishment of the green H2 maritime corridor between Spain and the Netherlands. The Executive Chairman of Iberdrola, Ignacio Galán, received His Majesty the King of the Netherlands today at the Puertollano plant on the day new agreements were signed between the company, ACE Terminal and Hynetwork Services.

Ignacio Galán, Executive Chairman of Iberdrola, said, “when we talk about green H2, we are not talking about promises, we are talking about a reality and it demonstrates Iberdrola's commitment to new technologies and to our country, as we have been doing for many years. We remain firmly committed to the Single Energy Market as the best way to promote the huge investments needed if we want a secure, clean and competitive energy industry.”

“The current facilities in Puertollano are in a first phase and in the future, we aim to multiply the capacity of the plant ten times,” Galán said. “In addition, a few days ago, we also signed a contract to sell ammonia that we will produce in Huelva, more than 100,000 tpy. We have planned investments in this sector of more than €3 B, of which more than half will come to Spain”

Helmie Botter, H2 Business Development Manager at Gasunie, said, “With this agreement we are strengthening the H2 corridor between Spain and the Netherlands. Through import logistics hubs, such as the Port of Rotterdam, and the national H2 network of Hynetwork Services, a subsidiary of Gasunie, to bring green H2 to European industrial users, the Netherlands is positioning itself to become the gateway for Northwest Europe with H2.”

Thanks to the agreements, plans to develop a maritime corridor between Spain and the Netherlands are one step closer. Iberdrola aims to transport green ammonia to ACE Terminal's import facilities in the Port of Rotterdam, to handle and store, and convert ammonia into green H2, for end use in industry, or for direct use in shipping and other industries in northwestern Europe. 

Transport and distribution will be carried out through the Dutch national H2 network of Gasunie's subsidiary Hynetwork Services in the European market to customers in the chemical, steel, refining and fertilizer industries. These entities are established in clusters such as those in Rotterdam, Amsterdam, Zeeland and Chemelot in the Netherlands and in northwestern Europe.

The alliances established mark an important step forward in the materialization of the agreement between Spain and the Netherlands. The objective is to establish the maritime corridor of green H2 between both countries as soon as possible that will help to decarbonize the industry of northern Europe. The maritime transport of competitive green H2, which Iberdrola is already producing in Spain, is a key lever for this transformation to occur in the short term.

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