Can Spain Achieve its 11 GW Hydrogen Target by 2030?

Spain is an established green energy leader in Europe, with its significant wind and solar generation capacity giving renewable power generation over a 50% share of the nation’s total electricity mix. The next phase of Spain’s decarbonization strategy appears to be harnessing its renewable potential for hydrogen. According to research by Rystad Energy, Spain can achieve approximately 5 GW of installed electrolyzer capacity by 2030. However, to meet its target of 11 GW—the highest in the European Union (EU)—the country will…