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Spain to Table Hydrogen Market Bill, Open at Least €515 Million in Targeted Aid

The plan seeks to give investors a stable framework to unlock demand through EU‑linked auctions plus sector‑specific support.

Overview

  • Vice President Sara Aagesen said the government will present a draft law in the coming months to transpose the EU Hydrogen Package and establish a regulated national hydrogen system.
  • Two draft royal decrees totaling €465 million will go to public consultation in the coming days to support renewable hydrogen production and industrial decarbonisation under the European Hydrogen Bank’s auction-as-a-service model.
  • One third of the €465 million will be reserved for projects supplying maritime and aviation uses, with funding drawn from Spain’s Recovery and Resilience Plan.
  • A separate draft decree entered public consultation today to allocate a minimum of €50 million for projects that electrify industrial heat or directly use renewable fuels in the scope of an EU industrial decarbonisation auction.
  • Officials highlighted progress on the H2Med corridor, noting BarMar studies have confirmed technical viability, the EU has fully funded the study phase, and Enagás reaffirmed a 2032 operational target.