Advancing the Decarbonization journey: Tubacex and the H2SALT Project.
October 31, 2023 at 06:31 am EDT
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We are part of a consortium of companies that have benefited from the perte Hydrogen Value Chain for the H2SALT project. This project, in line with our decarbonization strategy, aims to develop an integrated management system for hydrogen storage in salt caverns, thus contributing to the ambitious European hydrogen corridor plan proposed by Spain.
Key Highlights:
Commitment to Innovation: TUBACEX, along with renowned companies like Team Engineering Consulting Group (consortium leader), Iberdrola, TAMOIN, and Tubos Reunidos Group, as well as associations like the Basque Energy Cluster and SIDEREX - Cluster Association of the Steel Industry, is working to position ourselves at the forefront of hydrogen storage technology.
Technical Challenge: Despite the limited development and unfamiliarity with underground hydrogen storage technology at the European level, H2SALT is determined to overcome these challenges. The goal is to provide technological solutions for safe, efficient, and cost-effective storage.
With the support and collaboration of all consortium members, we are confident that H2SALT will set a milestone in the hydrogen industry, underscoring our commitment to sustainability and innovation.
Tubacex SA published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 10:30:18 UTC.
Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Companyâs product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.