BP has launched plans for a green hydrogen cluster in Spain. It will be focused on the phased development of up to 2GW of electrolyser capacity by 2030 for producing green hydrogen.
It has been informed that the cluster will be based it Castellón refinery in the Valencia region.
According to the company, HyVal is a public-private collaborative initiative. The company plans to have the production of biofuels to increase three-fold, to 650,000 tonnes annually by 2030.
The company plans to have its operation in 2027 under the first phase. It will involve the installation of an electrolysis plant with at least 200MW capacity at Castellón refinery, a report mentioned.
To be noted, this could produce up to 31,200 tonnes of green hydrogen annually.
The company shared that in the second phase, the electrolysis plant could reach a capacity of up to 2GW of net installed power. It is likely to be completed in 2030.
Andrés Guevara, president of BP Energía España, remarked, “We see Hyval as key to Castellón’s transformation and critical to supporting decarbonization across the Valencia region. We aim to develop up to 2GW of electrolysis capacity by 2030 for green hydrogen production, helping decarbonise our operations and customers. And we plan to triple the refinery’s production of biofuels to help meet the growing demand for lower carbon fuels such as SAF.”
He further stated that HyVal could be significant in Valencia region’s efforts to decarbonise.
The produced green hydrogen will be used in key hard-to-abate industries in the Valencia region, the company stated.
