Skip to content Skip to Search
Skip navigation

UAE’s Masdar to develop green hydrogen in Spain

By Pramod Kumar
People, Person, Clothing Masdar
Hamead Ahrary, managing director of Verbund Green Hydrogen and Masdar chief green hydrogen officer Mohammad El Ramahi at Cop28 in Expo City Dubai

Abu Dhabi Future Energy Company (Masdar) is exploring developing a green hydrogen plant in central Spain to aid in the decarbonisation of Europe’s hard-to-abate sectors.

The Abu Dhabi-based renewables energy company is collaborating with Verbund Green Hydrogen on the proposed venture – in an agreement which was signed at the UN’s Climate Change Conference Cop28 in Dubai.

Logo, Text

The companies will undertake a feasibility study for the prospective plant in the Castilla-La Mancha region that aims to generate green hydrogen to cover industrial demand in Spain and central Europe. 

The green hydrogen produced at the plant has the potential to displace up to one million tonnes of carbon emissions annually, equivalent to removing around 700,000 cars from the road every year. The plant is expected to be operational by the end of the decade.

Spain currently consumes around 500,000 tonnes of mainly traditional fuel-derived “gray” hydrogen per year, which could be gradually replaced with green hydrogen. 

By 2035, Austria alone is forecast to require around 600,000 tonnes per year of clean hydrogen.

Michael Strugl, CEO of Verbund, stated that the goal is to identify the subsequent way forward towards large-scale hydrogen production in Spain. 

“Partnerships like this are essential to jointly ramp up the European hydrogen market to meet decarbonisation goals.”

Most European Union nations have pledged to become carbon neutral by 2050.

The hydrogen rainbow

  • Green hydrogen is produced on a carbon-neutral basis through water electrolysis. 
  • Turquoise hydrogen is created when natural gas is broken down into hydrogen and solid carbon with the help of methane pyrolysis.
  • Blue hydrogen is generated from the steam reduction of natural gas. 
  • Grey hydrogen is obtained by steam reforming fossil fuels such as natural gas or coal. 
  • Sometimes other colours are ascribed to hydrogen, based on how it is produced. For red, pink and violet hydrogen, the electrolysers are driven by nuclear power. 
  • Yellow hydrogen is hydrogen produced from a mixture of renewable energies and fossil fuels. 
  • White hydrogen is a waste product of other chemical processes, while the use of coal as a fuel produces brown hydrogen.

Latest articles

Giorgia Meloni, Italy's prime minister, with Sultan Al Jaber, the minister of industry and chairman of Masdar, at the Abu Dhabi Sustainability Week Summit, in Abu Dhabi

Masdar views Middle East as biggest growth market

UAE’s renewable energy company Masdar considers the Middle East its biggest market, even though its target is to grow globally, a senior executive has said. “The Middle East is the biggest market for us, we are a company from here, and this market is growing significantly,” Abdulaziz Alobaidli, chief executive officer of Masdar, told AGBI […]

Kenya's President William Ruto says the Kenya-UAE Cepa will 'more than triple' some food exports and provide investment opportunities

Kenya-UAE Cepa may increase food exports and investment

The UAE and Kenya have signed a comprehensive economic partnership agreement (Cepa) that is predicted to lead to a threefold increase in food exports from the East African nation.  The trade deal, which was agreed in February last year, is expected to accelerate trade and investment in agriculture, infrastructure, healthcare, travel and tourism, financial services and […]

Economic risks were the biggest concerns for business leaders and experts across the Middle East

Inflation, not war, is Gulf states’ top concern, says WEF

Economic concerns such as inflation dominate risk perception for the coming year in the Gulf and across Mena, according to the World Economic Forum. Its survey of thousands of experts and business leaders, the Global Risks Report 2025, found that geopolitical conflict was the No 1 risk globally, selected by respondents as the “most likely […]

Workers preparing for loading crude oil form ship to taker in Chonburi, Thailand

Adia to help fund $1bn Malaysian oil and gas firm

Abu Dhabi Investment Company (Adia) is to invest in an oil and gas equipment-making unit in Malaysia. Adia is participating in the $1 billion funding round for Yinson Holdings’ equipment-maker alongside Asian investment firm RRJ Capital and British Columbia Investment Management. The funding, expected to close in the first quarter of 2025, will primarily support […]