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The H2Hub project aims to bolster HyChem's hydrogen production capacity with facilities that allow for an increased production of green hydrogen (around 1,600 tons/year), in volumes that can keep pace with the emerging hydrogen economy. Initially, the production is destined for injection into the natural gas grid, with potential to diversify to other applications that this new hydrogen economy will generate, particularly within urban mobility.
The support granted to HyChem within the scope of this project is pivotal for its rollout, meaning, it's set to position HyChem as a reliable green hydrogen supplier and catalyze the development of a hydrogen economy in the Lisbon and Tagus Valley region.
By bringing this project to fruition, HyChem stands out as a green hydrogen producer, solely leaning on renewable sources. Environmental impacts are minimized due to efficient resource management and energy sourced from renewables such as biomethane and green electricity. The carbon dioxide produced in the process is channeled to microalgae production units, taking advantage from its proximity to ALGATEC Eco Business Park, Europe's largest facility in this field. This CO2 is then converted into biogenic carbon, closing the sustainable cycle. These steps underscore HyChem's commitment to playing a meaningful role in the energy transition and the innovative hydrogen economy.
The H2Hub will play a crucial role in the decarbonization and energy transition of the Lisbon region, providing a high-quality renewable gas source in an area of high population density and one of the country's key logistical hubs, at a competitive price. This initiative will strengthen the diversity and long-term economic and environmental sustainability of HyChem.
