Repsol to ramp up renewable hydrogen capacity

Repsol to ramp up renewable hydrogen capacity

18 Oct 2021

Repsol plans to invest €2.54bn in the entire hydrogen value chain by the end of this decade with the aim of achieving an equivalent installed capacity of 1.9GW.

The announcement is part of the company’s renewable hydrogen strategy, a roadmap to help it take a leading position in the Iberian Peninsula as well as becoming the third-largest producer in the European region.

According to the Spanish energy company, renewable hydrogen is one of its strategic pillars to reach the target of net zero emissions by 2050. Earlier this month, the company announced a target of 20GW of installed renewable electricity generation capacity by 2030.

Repsol’s initial target is to achieve a capacity of 552MW equivalent in renewable hydrogen production in 2025 by employing different technologies.

The various technologies the company will use include electrolysis, photoelectrocatalysis, biogas production, and a proprietary technology it is jointly developing with Enagas.

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