Repsol to invest EURO 60 million in green hydrogen project

Repsol plans to set up two industrial decarbonisation projects together with Spanish and international partners. The projects will be located at the port of Bilbao and its surrounding area. They will attract a combined initial investment of approximately Euro 80 million. The first project, which will receive an initial investment of Euro 60 million, involves the development of green hydrogen production plants in partnership with Petronor and the Energy Agency of the Basque government, a public sector leader for projects facilitating energy transition. The second project, which will be located next to the first one, will represent an initial investment of Euro 20 million. This project, too, will be led by Petronor, and will generate gas from urban waste. The generated gas will be used to replace part of the traditional fuels used by the refinery in its production process.

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