BAKU, Azerbaijan, Apr.1. In line with its commitment to be a carbon neutral company by 2040, since 2014, Spanish Enagás has reduced its direct emissions (Scope 1) and indirect CO2 emissions associated with electricity consumption (Scope 2) by 54 percent, Trend reports with reference to the company.
In addition, it has set a target to reduce emissions by 74 percent by 2030, which includes the reduction of Scope 3 emissions, which affect the company's value chain.
“These commitments, which are underpinned by a clear action plan, have been recognised with the inclusion of Enagás in the CDP’s Climate Change A List. Enagás is leading the promotion and development of more than 50 renewable gas projects, mainly for green hydrogen, which will contribute to creating a market that is currently in the initial stages of development,” the company said.
As an example of a landmark project that is already a reality, this March Enagás inaugurated in Majorca, together with Acciona, IDAE and Cemex, the first industrial renewable hydrogen generation plant in Spain, which is part of the European project Green Hysland.
“To accelerate these projects, at the end of February, the company brought in a partner, Clean H2 Infra Fund, with a 30 percent stake in Enagás Renovable. Managed by Hy24, the new partner is the world’s largest green hydrogen fund, a joint venture between Ardian and FiveT Hydrogen,” said the company.
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