{"id":89295,"date":"2025-02-21T00:00:00","date_gmt":"2025-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/"},"modified":"2025-02-21T00:00:00","modified_gmt":"2025-02-21T00:00:00","slug":"enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/02\/21\/enagas-to-boost-hydrogen-infrastructure-with-some-eur-4-bn\/","title":{"rendered":"Enagas to boost hydrogen infrastructure with some EUR 4 bn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enagas earmarks EUR 4 bn for hydrogen infrastructure: <\/strong>Spanish gas grid operator Enagas is planning to dedicate EUR 3.13 bn of a EUR 4 bn (USD 4.18 bn) investment by 2030 to hydrogen infrastructure in the country, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/spains-enagas-plans-multibillion-euro-investment-hydrogen-infrastructure-2025-02-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Tuesday. The firm is looking to make up for the low demand on Spanish gas by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b66b6556-fcb5-480b-b7a4-15b4b4a7465b\/spain%25e2%2580%2599s%253cmark%253e-enagas%253c%2Fmark%253e-lays-the-ground-for-future-hydrogen-investments\" style=\"\" rel=\"noopener\">reducing its debt and diversifying its portfolio<\/a> through investing in hydrogen infrastructure management \u2014 which is expected to yield EUR 290 mn in profits in 2030 \u2014 and tapping into ammonia and carbon capture. Enagas plans to invest in Spain\u2019s planned hydrogen network and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b66b6556-fcb5-480b-b7a4-15b4b4a7465b\/spain%25e2%2580%2599s%253cmark%253e-enagas%253c%2Fmark%253e-lays-the-ground-for-future-hydrogen-investments\" style=\"\" rel=\"noopener\">H2Med corridor<\/a> connecting Iberia with northwest Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Mauritania<\/strong><strong> advances GreenGo\u2019s green hydrogen megaproject: <\/strong>Danish renewable energy producer <a target=\"_blank\" href=\"https:\/\/www.greengoenergy.com\/\" style=\"\" rel=\"noopener\">GreenGo<\/a> has signed an agreement with the Mauritanian government granting it more than 100k hectares of land to establish a green hydrogen project dubbed Megaton Moon, according to a <a target=\"_blank\" href=\"https:\/\/www.greengoenergy.com\/news\/megaton-moon-concession-250217\" style=\"\" rel=\"noopener\">press release<\/a> published on Monday. The project\u2019s first phase \u2014 planned to be operational in 2029 \u2014 is set to produce 339k tons of green ammonia per year, with a capacity of 500 MW of electrolysis and 1.2 GW of renewable power. Full capacity is expected to comprise 6 GW of electrolysis and 13 GW of renewable power at its peak. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Recent waves in North African green hydrogen: <\/strong>Mauritania\u2019s neighbors in North Africa are slated to play a critical role in planned green hydrogen exports to Europe through the <a target=\"_blank\" href=\"https:\/\/www.south2corridor.net\/\" style=\"\" rel=\"noopener\">SoutH2 Corridor<\/a>, with several green hydrogen supply and production projects being planned in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/551582df-445e-48c4-9e0e-b97a4ebee6cd\/south2%25e2%2580%2599s-member-nations-sign-intent-agreement\" style=\"\" rel=\"noopener\">Tunisia<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/0f979bdb-c101-4b06-9784-95ed6604c695\" style=\"\" rel=\"noopener\">Algeria<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>C<\/strong><strong>hina <\/strong><strong>to roll out <\/strong><strong>the world\u2019s first offshore vessel equipped with carbon capture <\/strong><strong>tech: <\/strong>China\u2019s state-owned Cosco Ocean Shipping Heavy Industry is slated to deliver the world\u2019s first oil ship equipped with carbon capture tech this month. The 330-meter floating production storage & offloading unit (FPSO) will capture its own CO2 emissions and repurpose exhaust heat to generate electricity, reducing its environmental impact and ensuring energy efficiency. (<a target=\"_blank\" href=\"https:\/\/www.scmp.com\/news\/china\/science\/article\/3298874\/china-unveils-worlds-first-oil-production-ship-carbon-capture-facilities?module=perpetual_scroll_0&pgtype=article\" style=\"\" rel=\"noopener\">South China Morning Post<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Stories on our radar this week from around the world<\/p>\n","protected":false},"author":1,"featured_media":89296,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[627],"tags":[626,107,74,389,11,39,188,210],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world-this-week","tag-around-the-world-this-week","tag-critical-minerals","tag-decarbonization","tag-energy-transition","tag-enterpriseclimate","tag-green-hydrogen","tag-green-infrastructure","tag-usa","wpautop","entry"],"acf":{"mongo_id":"b04a33d8-2a5d-4fb0-abd2-387fa440c8a5","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/2031.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Enagas to boost hydrogen infrastructure with some EUR 4 bn","related_issue":[89276],"teaser":"Stories on our radar this week from around the world","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.e1f36fc8-e738-4c0b-9e3b-35b8e89268df.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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