A Basque consortium has launched the HYNNOVA project, coordinated by BOSLAN INGENIERIA Y CONSULTORIA part of Accenture Spain, with the aim of developing advanced technological solutions for the modular design and efficient and safe management of large-scale renewable hydrogen production plants.
This project, with the participation of 11 Basque companies, seeks to improve the competitiveness of renewable hydrogen and reduce its levelized cost (LCOH).

The importance of having certainty in the LCOH and the identification of levers for its optimization is crucial. This aspect is fundamental to boost the demand for this renewable vector, facilitating the decarbonization of industry, achieving energy independence and creating a new industrial pole around this technology.

Renewable hydrogen is key to achieving carbon neutrality by 2050 according to the European Hydrogen Strategy, and HYNNOVA focuses on solving technological constraints in four main areas: generation, compression, low and high pressure storage. The project will run from 2024 to 2026 and is funded by the Basque Government and the European Regional Development Fund (ERDF).

More information ➡️ www.hynnovaproject.com