The deployment of this type of fuel has also reached the company’s service stations on the Iberian Peninsula. At present, Repsol supplies 100% renewable fuel at more than 140 locations in the main cities and transport corridors of Spain and Portugal. The company’s goal is to reach 600 by the end of this year and 1,900 by 2027.
The new plant in Cartagena, whose production of 100% renewable fuels represents 5% of total diesel output of the facility or 17% of its kerosene production, will be followed by a second one in Puertollano in 2025. With an investment of €120 million, a unit at this industrial complex will be converted to produce 240,000 tons of renewable fuel. Repsol also plans to replicate this model in a third industrial center in Spain before 2030. At the same time, the company is committed to synthetic fuels (e-fuels), which are produced from renewable hydrogen and CO2 captured from the atmosphere, with an industrial demonstration plant project in the vicinity of its Petronor complex in Bilbao.
Juan Abascal highlighted Repsol’s commitment to transforming its six industrial complexes on the Iberian Peninsula into decarbonized multi-energy hubs, capable of treating all types of raw materials to produce materials with a low carbon footprint. New business models based on digitalization and technology will be promoted in these centers. The company’s industrial transformation will rest on four pillars: energy efficiency, circular economy, renewable hydrogen, and CO2 capture, use, and storage. “Our roadmap demonstrates Repsol’s commitment to industry, to generating employment and prosperity. Thus, we contribute to the development and territorial cohesion in less-favored areas, offering solutions that increase Spain’s energy independence,” added the company’s executive managing director of Industrial Transformation and Circular Economy.
Repsol aims to reach a total production capacity of renewable fuels, including renewable hydrogen and biomethane, of between 1.5 and 1.7 million tons in 2027 and up to 2.7 million tons in 2030, and to lead the market in Spain and Portugal for this type of fuel. With this project, and other initiatives already underway, the company is at the vanguard of the industry in terms of renewable fuel production capacity.
Repsol has one of the most efficient refining systems in Europe thanks to average investments of approximately €1 billion a year over the last decade, a period in which the European Union has lost 24 refineries, the equivalent of around 10% of its production capacity of the fuels that are used in most of road transport.