Spain: Net Zero Emissions Repsol to Install First Electrolyzer at Petronor Refinery for Hydrogen Production
Repsol has plans to invest 10.4 million dollars for the electrolyzer at the Petronor Refinery in Spain which will produce renewable hydrogen. Low and zero carbon footprint products will be manufactured by the firm with the use of this renewable hydrogen. The company aims to decarbonize its processes at all its industrial complexes.
Moscow/Russia – Repsol will install the first electrolyzer in the Basque Country-region to produce renewable hydrogen at its Petronor refinery in Spain. The electrolyzer will involve an investment of 10.4 million dollars and will come into operation in the second half of 2022.
This project is part of the Basque Hydrogen Corridor, an initiative promoted by Petronor and Repsol that has already been joined by 80 entities and brings together a total investment of 1.67 billion dollars. It will have a capacity of 2.5 MW.
Repsol is transforming all its industrial complexes to decarbonize their processes. Renewable hydrogen is one of the strategic pillars of the company, enabling it to manufacture products with low, zero, or even a negative carbon footprint and become a net zero emissions company by 2050.
The multi-energy company is currently the leading producer and consumer of hydrogen in Spain. It has the ambition to lead the renewable hydrogen market, aiming to install a total capacity of 557 MW equivalent in 2025 and reaching 1.9 GW in 2030.