Repsol announces 2.5-MW electrolyser project in Spain's Basque Country

Spanish multi-energy group Repsol SA (BME:REP) said on Monday that it will install a 2.5-MW electrolyser to produce green hydrogen at its majority-owned refinery Petronor in Spain’s Basque Country region.

The project will cost EUR 8.9 million (USD 10.4m), including investment in the construction of infrastructure necessary to distribute and use the hydrogen.

The electrolyser will supply hydrogen to the Petronor refinery and other entities housed at the nearby Margen Izquierda Technology Park. Among these are the Energy Intelligence Centre, a future research and development institution sponsored by the Basque government, and the Basque region's first hydrogen filling station, co-promoted by the Basque Energy Agency (EVE) and Repsol.

Spanish engineering firm Sener and its Belgian peer John Cockerill will execute the electrolyser part of the project. Spanish gas distributor Nortegas will build the pipelines that will transport the hydrogen from Petronor’s refinery to the Margen Izquierda Technology Park, Repsol said.

The electrolyser will be commissioned in the second half of 2022.

Repsol is Spain’s largest producer and consumer of hydrogen. The oil-and-gas major is on the path to make its hydrogen green, with plans to install 557 MW of electrolysers by 2025 and reach 1.9 GW by 2030.

(EUR 1.0 = USD 1.172)

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