Latest news with #ArturoGonzalo
Time of India
22-07-2025
- Business
- Time of India
Europe's hydrogen infrastructure faces 2-3 year delay, Enagas CEO says
Madrid: The deployment of pipes and other infrastructure to ship hydrogen across Europe faces delays of two or three years, the head of Spanish gas grid operator Enagas said on Tuesday. The firm is among the staunchest supporters of the green hydrogen industry , which uses renewable energy for its production. Earlier this year, Enagas pledged to invest more than 4 billion euros by the end of the decade, mostly to diversify into managing a network of hydrogen infrastructure. It plans to build a 2,600 km (1,615 mile) hydrogen network in Spain to be connected to the planned trans-European H2Med corridor aimed at connecting the Iberian region with northwest Europe. Enagas still expects the Spanish network to be ready by 2030. However, at the European level delays of two or three years are likely, Chief Executive Arturo Gonzalo said. "Are there delays in Europe? I would say delays of a very limited member states are setting the launch date for their hydrogen infrastructures between 2030 and 2032," he said.
Zawya
22-07-2025
- Business
- Zawya
Europe's hydrogen infrastructure faces 2-3 year delay, Enagas CEO says
MADRID - The deployment of pipes and other infrastructure to ship hydrogen across Europe faces delays of two or three years, the head of Spanish gas grid operator Enagas said on Tuesday. The firm is among the staunchest supporters of the green hydrogen industry, which uses renewable energy for its production. Earlier this year, Enagas pledged to invest more than 4 billion euros by the end of the decade, mostly to diversify into managing a network of hydrogen infrastructure. It plans to build a 2,600 km (1,615 mile) hydrogen network in Spain to be connected to the planned trans-European H2Med corridor aimed at connecting the Iberian region with northwest Europe. Enagas still expects the Spanish network to be ready by 2030. However, at the European level delays of two or three years are likely, Chief Executive Arturo Gonzalo said. "Are there delays in Europe? I would say delays of a very limited member states are setting the launch date for their hydrogen infrastructures between 2030 and 2032," he said. That's beyond the 2030 target for H2Med to be operational.
Reuters
22-07-2025
- Business
- Reuters
Europe's hydrogen infrastructure faces 2-3 year delay, Enagas CEO says
MADRID, July 22 (Reuters) - The deployment of pipes and other infrastructure to ship hydrogen across Europe faces delays of two or three years, the head of Spanish gas grid operator Enagas said on Tuesday. The firm is among the staunchest supporters of the green hydrogen industry, which uses renewable energy for its production. Earlier this year, Enagas pledged to invest more than 4 billion euros by the end of the decade, mostly to diversify into managing a network of hydrogen infrastructure. It plans to build a 2,600 km (1,615 mile) hydrogen network in Spain to be connected to the planned trans-European H2Med corridor aimed at connecting the Iberian region with northwest Europe. Enagas still expects the Spanish network to be ready by 2030. However, at the European level delays of two or three years are likely, Chief Executive Arturo Gonzalo said. "Are there delays in Europe? I would say delays of a very limited member states are setting the launch date for their hydrogen infrastructures between 2030 and 2032," he said. That's beyond the 2030 target for H2Med to be operational.
Reuters
22-07-2025
- Business
- Reuters
Spain's gas demand soars as power plants burn more since blackout
MADRID, July 22 (Reuters) - Spain has increased the amount of gas it burns to produce electricity as its power grids rely more on conventional gas-fired plants since a major blackout on April 28, gas grid operator Enagas ( opens new tab said on Tuesday. Conventional power plants like gas-fired combined cycle plants provide more stability to the grid's voltage than renewable sources such as wind farms and photovoltaic panels. As a result, overall national gas demand rose 5.6% in the first half of the year, boosted by a 41.2% increase in demand to generate electricity, Enagas said. Gas exports also rose in the period, in particular flows to France to fill its underground storage. Spain does not produce natural gas but re-exports gas shipped from producers such as the United States, Qatar and Russia to other European countries. "Gas infrastructure plays a critical role in ensuring the security of the energy and electricity system and enabling the energy transition in Spain and Europe," Enagas Chief Executive Arturo Gonzalo said on Tuesday. Spain's own underground gas storage facilities are over 75% full, he said, adding that this is above the 64% minimum the European Commission set for July 2025.
Fibre2Fashion
27-06-2025
- Business
- Fibre2Fashion
Solvay & Enagás to develop hydrogen storage hub in Spain
Solvay and Enagás have signed an agreement to develop a hydrogen storage hub in Polanco, Cantabria. The project will leverage Solvay's proven expertise in developing salt caverns infrastructure - originally created for soda ash production operations and repurposed into storage under the coordination of Enagás, which brings its expertise in energy transport and hydrogen infrastructure to integrate this capacity into Spain's future energy system. This initiative supports Spain's ambition to become a key producer and exporter of renewable hydrogen. The caverns will provide a safe, flexible, and scalable solution for storing renewable hydrogen - supporting the network stability and helping address renewable electricity intermittency. Solvay and Enagás have signed an agreement to develop a hydrogen storage hub in Polanco, Cantabria, repurposing salt caverns initially used for soda ash production. This project will provide safe, flexible, and scalable storage for renewable hydrogen, supporting Spain's ambition to become a key hydrogen exporter and enhancing grid stability by addressing renewable energy intermittency. 'This collaboration with Enagás underscores the European chemical industry's strategic role in enabling clean energy solutions,' said Etienne Galan, President of Solvay's Soda Ash and Derivatives business . 'We're especially grateful to partner with Enagás, whose proven infrastructure expertise and strong commitment are accelerating green hydrogen development.' Enagás CEO Arturo Gonzalo emphasized that "this agreement is a key milestone in the development of Spain's hydrogen backbone," adding that "by combining our experience in energy infrastructure with Solvay's industrial capabilities, we are laying the foundations for a robust and flexible hydrogen network that will help achieve both national and European decarbonization goals and boost competitiveness". The project, developed in coordination with local stakeholders, strengthens Solvay's position as a leading provider of salt cavern infrastructure in Europe - building on its legacy of over 100 caverns in Germany and now expanding into Spain. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
