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Spanish oil giant Repsol announced today that it plans to build one of the world’s largest plants for producing synthetic fuels with zero emissions, using green hydrogen generated from renewable energy as a basis. The facility will be fully operational within four years, and thanks to the use of cutting-edge technology as well as carbon dioxide captured from the nearby Petrona refinery, it will set a new benchmark in Europe. Its development represents a first-class technical challenge, to be led by the Repsol Technology Laboratory Research Center.
It will combine green hydrogen – a clean energy source produced 100% from renewable resources – with carbon dioxide as raw materials, placing Repsol at the forefront of developing fuels with zero emissions. In the first phase, the scale will be expanded in the subsequent commercial phase based on the results obtained, with 50 barrels of synthetic fuel to be produced per day, achieving net zero CO2 emissions throughout the production cycle. Concept engineering will begin this year. Petronor is the only refinery on the Iberian Peninsula, and one of the few refineries in Europe that integrates carbon dioxide capture, storage, and utilization processes; it is expected to be able to capture carbon dioxide directly from the air.
“Spain must base its decarbonization strategy on its technological and industrial capabilities,” said Josu Jon Imaz, CEO of Repsol. “The production of green hydrogen, combined with the capture and utilization of carbon dioxide to produce fuels with net-zero emissions, is part of Repsol’s industrial decarbonization strategy. ” “Through this project, Spanish industry is positioning itself as a key player in emissions reduction in Europe. ”
“Spain must base its decarbonization strategy on its technological and industrial capabilities,” said Josu Jon Imaz, CEO of Repsol. “The production of green hydrogen, combined with the capture and utilization of carbon dioxide to produce fuels with net-zero emissions, is part of Repsol’s industrial decarbonization strategy. ” “Through this project, Spanish industry is positioning itself as a key player in emissions reduction in Europe. ”