According to International Renewable Energy Agency, the first industrial implementation of the HyDeal Ambition platform HyDeal Spain will become the largest renewable hydrogen giga-project on a global scale. This initiative, promoted by companies such as ArcelorMittal, Enagás, Grupo Fertiberia and DH2 Energy, HyDeal Spain was established as an industrial joint venture in November 2021 after a one-year pre-feasibility study and will now give way to the development, financing and construction of an entire set of infrastructures for the production and transport of green hydrogen in our country. The first stage of the project will supply a major industrial complex located in Asturias, producing renewable hydrogen through electrolysis and at a competitive price compared to other fossil fuels thanks to solar plants located in different parts of the northern half of Spain. The start of production is planned for 2025, and it expects to have a total installed capacity of 9.5 GW that will supply electrical energy to 7.4 GW of electrolysis capacity by 2030.ArcelorMittal and Grupo Fertiberia, along with other organizations that will join HyDeal Spain, will be the major buyers of this clean energy, with a plan to acquire 6.6 million tonnes of renewable hydrogen over the next 20 years, which would mean avoiding the 4% of current CO2 emissions in Spain. In this way, the purchasing companies will advance in the production of green steel, green ammonia, green fertilizers and other low-carbon industrial and energy products, positioning themselves as European leaders in their respective markets. HyDeal Spain will be a reality due to the development of a disruptive industrial and financial model, based on the integration of value chains, solar energy capture, industrial installation of electrolysers, deployment of exclusive gas pipelines for the transport of hydrogen and aggregation of energy demand . In this way, a direct connection will be generated between the production of renewable hydrogen on a large scale and its profitable consumption in the long term, creating a sustainable system. Large-scale renewable hydrogen will sustainably replace fossil fuels in industry, energy, mobility, providing a safe, competitive and carbon-neutral energy production alternative. The contribution to energy independence will be another of the great benefits of this initiative, since HyDeal plans to supply the equivalent of 5% of the natural gas imported by Spain.Thus, this platform joins the energy transition in Spain at an important turning point, generating new industrial opportunities and sustainable jobs in collaboration with the different local communities where it will be present. In addition, the objectives of the project are aligned with the institutional ambition of turning the country into a world pioneer in the production of clean energy, in line with the European Green Pact and its "Objective 55" (Fit for 55) for the reduction of emissions by 55% by 2030.HyDeal Ambition brings together visionary CEOs and entrepreneurs who share a determination to accelerate the energy transition. This initiative constitutes a complete industrial ecosystem that covers the entire green hydrogen value chain of production, transportation, distribution and financing and is the result of 2 years of research, analysis and modeling, feasibility studies and contract design, with the objective of producing and distributing green hydrogen in Europe at a competitive price.