The global call to integrate more renewable energy projects over the coming years has reached a new milestone in Spain, as BP and Iberdrola have broken ground on a 25 MW green hydrogen facility, set to be the largest of its kind in Spain. Notably, a joint venture has been created by BP and Iberdrola to advance the project, and now, the pair of companies is reporting significant progress made in reaching the commissioning of the facility, which will be located beside the existing Castellón refinery.
BP and Iberdrola have entered phase one of the construction of the new hydrogen facility in Spain
The new joint venture between BP and Iberdrola has reported that they have broken ground on the hydrogen project in Spain. The project has entered the first phase, which will see the initial construction of the necessary infrastructure for the project. Notably, reports state that the initial construction phase will provide around 500 jobs and will involve approximately 25 Spanish companies.
With the earth moving and preparation of the site underway, BP and Iberdrola are hoping that the project will reshape the regional renewable energy market. Following the construction phase will be the delivery and installation of the essential electrolyzer for the Castellón hydrogen project. The facility will become the largest green hydrogen project in Spain, exemplifying the nation’s sentiment toward the renewable energy sector overall.
“The start of construction of Spain’s largest green hydrogen plant is excellent news as it represents a concrete step forward in a project that is crucial for industrial decarbonisation. bp’s Castellón refinery is set to become a model for transforming refineries into integrated energy hubs.” – Carolina Mesa , bp’s vice president of hydrogen for Spain and new markets
Decarbonizing the global energy sector has become a top priority for a litany of nations
Climate change affects us all, and several nations have reaffirmed their commitments to decarbonizing the energy sector, which accounts for a substantial portion of global emissions. Spain has become a market leader in the adoption and embrace of several renewable energy sectors, such as wind, solar, and the more recent green hydrogen sector. Hydrogen is the most abundant element in the known universe and has so much potential locked away.
Spain’s latest green hydrogen venture will receive up to 70 million euros to develop the necessary infrastructure, and has been led to fruition through the Castellón Green Hydrogen SL, a joint venture created by BP and Iberdrola. Spain’s proclivity for hydrogen has become all too real in recent years, as evidenced by the recent announcement that Iberdrola has brought online the 100 MW Puertollano green hydrogen plant.
“This project is already enabling the real development of the hydrogen value chain in our country, with key equipment manufactured in Spain and employing more than 25 local companies. In addition, the project requires 200 GWh/year of renewable energy from Iberdrola’s wind and photovoltaic plants in Spain, meeting all EU requirements to ensure that the hydrogen produced is green hydrogen.” – Jorge Palomar Herrero , Iberdrola’s Hydrogen Development Director
With market sentiment towards hydrogen shifting, Europe will play a vital role in advancing the sector
It has become abundantly clear that the global sentiment towards the green hydrogen sector has been shifting in recent years. With the astonishing progress being made by BP and Iberdrola in advancing the Castellón Green Hydrogen project, other European nations are following suit and are investing in their own green hydrogen production sectors, such as Denmark, with its 20 MW HySynergy green hydrogen facility. Hydrogen will play a crucial role in decarbonizing the international energy market through the significant progress being made not just in Europe, but all over the world as well.
