HYFIVE OUR PROJECTS ALREADY UNDERWAY
OUR ROADMAP
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
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.
Discover BENORTH2
COMPETITIVE ADVANTAGES
OF THE BENORTH2 GREEN HYDROGEN PLANT
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
FROM 2022 (PHASE1) TO 2030 (PHASE2) IN NUMBERS
Investment in developing infrastructure
Output generated at full performance
Reduction in CO2 emissions
Output generated at full performance
Investment in developing infrastructure
Output generated at full performance
Reduction in CO2 emissions
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