Repsol repositions for green hydrogen

The Spanish refiner will build a €60mn pilot plant to make synthetic fuels as it strives to meet its 2050 decarbonisation pledge

Repsol is building a pilot green hydrogen plant to make synthetic fuels that could ultimately help the Spanish energy firm achieve its target of net-zero emissions by 2050, a senior executive tells ­Petroleum Economist. Originally a refiner, over the past few decades Repsol has expanded into oil and renewable energy production, and in December made its decarbonisation pledge. The €60mn pilot plant, which will be built at the Port of Bilbao close to a Repsol refinery there, will use electrolysis to split water into hydrogen and oxygen. It will rely on a combination of wind and solar energy to power the process. “Using renewables in this project is critical,” says Jaime Martin Juez, Repsol’s e