Repsol is making further progress in its industrial decarbonization strategythrough renewable hydrogen and will install its second large-scale\u00a0electrolyzer\u00a0at its\u00a0Petronor\u00a0refinery in\u00a0Muskiz\u00a0close to Bilbao in Northern Spain. Last September, the company approved the construction in Cartagena of its first large electrolyzer, with a capacity of 100 megawatts (MW).<\/p>\n
The new 100 MW infrastructure will require an investment of\u00a0\u20ac292\u00a0million for commissioning in 2029.\u00a0Recognised\u00a0by the European Commission as an Important Project of Common European Interest (IPCEI), it will have the support of the Government of Spain and will receive\u00a0\u20ac160 million through NextGenerationEU\u00a0funds from the\u00a0Spanish\u00a0Recovery, Transformation,\u00a0and Resilience Plan.<\/p>\n
The\u00a0electrolyzer\u00a0will have the capacity to produce up to 15,000 tons of renewable hydrogen per year, which will\u00a0mainly be\u00a0used in processes at the Petronor the refinery itself. As part of the Basque Hydrogen Corridor, it will also supply renewable gas to the region\u2019s industry, driving its decarbonization with a key contribution, as it will prevent the emission of up to 167,000 tons of CO\u2082\u00a0per year, equivalent to\u00a0the emissions saved by\u00a0two-thirds of the 100% electric vehicle fleet in Spain in 2024.<\/p>\n
The project, which\u00a0represents\u00a0a first-class technological challenge due to its scale, will generate around 900 direct, indirect, and induced jobs throughout its\u00a0different phases.\u00a0In addition, it builds upon advances already achieved at\u00a0Petronor\u00a0in the development of renewable hydrogen: in 2023, its first electrolyzer, with a capacity of 2.5 MW, was put into operation.\u00a0The 350 tons of renewable hydrogen produced annually already supply the refinery and the building where\u00a0Petronor’s\u00a0offices are\u00a0located, in the Technology Park of the town of Abanto\u00a0Zierbena\u00a0in\u00a0the\u00a0province of Bilbao.<\/p>\n
Likewise, in 2024, construction began at the port of Bilbao of\u00a0a second 10 MW\u00a0electrolyzer, which will supply the synthetic fuels demonstration plant that Repsol is\u00a0building\u00a0together with Aramco,\u00a0and which is scheduled to start operations in 2026.<\/p>\n
Second large\u00a0electrolyzer<\/p>\n