HyFIVE

HYFIVE OUR PROJECTS ALREADY UNDERWAY

OUR ROADMAP

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Five projects strategically located across Spain with huge scale-up potential. One of the most advanced development portfolios with projects starting construction already in 2021 and a large pipeline of 1.5GW.

HYFIVE PROJECTS LOCATION AND PIPELINES

Being an early-mover means HyFive is able to secure the best locations for its pipeline.

All projects are strategically located in proximity to at least one of the following infrastructures:

• Future hydrogen transmission networks
• Deep water ports
• Entrance points from Africa and connection points with France
• Trans-European transport networks

BENORTH2, OUR FIRST STEP

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The BenortH2 plant in Bizkaia is pioneering because it reuses and adapts existing energy installations.

Apart from making use of the infrastructures of the combined cycle power plant in Amorebieta, it will also take advantage of Nortegas’ existing gas distribution network.

This will result in very significant cost reductions when it comes to generating hydrogen and taking it to market. Moreover, the plant can be further optimised over time to achieve highly competitive values.

COMPETITIVE ADVANTAGES
OF THE BENORTH2 GREEN HYDROGEN PLANT

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The location is well positioned for a fast implementation of the hydrogen infrastructure due to existing gas / electricity / water infrastructure and existing demand for hydrogen

STRATEGIC LOCATION

Distribution of green hydrogen using the existing gas pipeline network. Quick access to Europe via road and sea for export thanks to excellent motorway links and the close proximity of the Port of Bilbao.

DIGITAL TWIN TECHNOLOGY

The plant is completely digitalised, allowing the control, management and theoretical application of improvements and modifications before they are applied in practice.This digital twin system makes it possible to scale and replicate the plant in other areas in record time.

EVOLUTION OF THE BENORTH2 GREEN
HYDROGEN PLANT

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FROM 2022 (PHASE1) TO 2030 (PHASE2) IN NUMBERS

PHASE 2
300 M€
0%
PHASE 1
50 M€

Investment in developing infrastructure

>200MW
0%
>20 MW

Output generated at full performance

>120.000
tonnes/ year
0%
>12.000
tonnes/ year

Reduction in CO2 emissions

>20.000
tonnes/ year
0%
>2.000
tonnes/ year

Output generated at full performance

PHASE 2
300 M€
0%
PHASE 1
50 M€

Investment in developing infrastructure

>200MW
0%
>20 MW

Output generated at full performance

>120.000
tonnes/ year
0%
>12.000
tonnes/ year

Reduction in CO2 emissions

>20.000
tonnes/ year
0%
>2.000
tonnes/ year

Output generated at full performance

PROJECT DEVELOPER AND MAJORITY OWNER

INDUSTRIAL PARTNERS

FINANCIAL PARTNER

Trading partner

Natural gas pipeline operator

EPC provider

Infrastructure provider / hydrogen purchaser partner

PROJECT DEVELOPER AND MAJORITY OWNER

INDUSTRIAL PARTNERS

FINANCIAL PARTNER

Trading partner

Natural gas pipeline operator

EPC provider

Infrastructure provider / hydrogen purchaser partner

FINANCIAL PARTNER