The objective of the Basque Hydrogen Corridor is the creation of a hydrogen ecosystem in the Basque Country, which allows progress in the decarbonization of the energy, mobility, different industrial sectors, as well as services sectors and is based on specific projects and actions, building on a strategy of public-private collaboration. In addition, the BH₂C aims to be a key enabler of sustainable development of the hydrogen energy value chain in the region.
Project details
FUNDING
Project timeline
2014
Start of project development
N.A.
Project finalization
2035
KEY SUCCESS FACTORS
PROJECT DEVELOPMENT PHASE
- Regulatory provisions
- Permitting and authorization procedures
- Political backing and buy-in
- Funding
- Stakeholder cooperation
COMMERCIAL AND FINANCING PHASE
- Applying for public subsidy/grant schemes
- Securing private investors
- Securing public financial support (subsidy/grant)
- Other
PPA negotiation.
N.A.: Not available. This is possible due to two reasons: a) the Hydrogen Valley chose to not publicly display the data or b) the Hydrogen Valley did not answer the specific question in the associated survey.