bp launches low-carbon green hydrogen cluster that will produce biofuels

news item image
bp has launched a green hydrogen cluster plan at its Castellón refinery in Valencia, Spain.
Its transformation - including green hydrogen, biofuels and renewable energy - could see bp invest a total of up to €2 billion in Castellon by 2030.
Its production of biofuels is expected to increase three-fold, to 650,000 tonnes a year 2030. Green hydrogen will also be used as a feedstock in biofuel production, specifically of sustainable aviation fuel (SAF).
Led by bp, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery.
HyVal is expected to play an instrumental role in decarbonising the operations of bp’s Castellón refinery.
Green hydrogen – generated by the electrolysis of water using renewable power – will support decarbonisation of the refinery’s operations, replacing its current use of ‘grey’ hydrogen generated from natural gas.
HyVal was launched today by Andrés Guevara, president of bp Energía España, in a presentation attended by more than 200 people, including Spain’s Minister of Industry, Commerce and Tourism, Reyes Maroto, the president of the Generalitat Valenciana, Ximo Puig, and the mayor of Castellón, Amparo Marco.
Andrés Guevara said: “We see Hyval as key to Castellón’s transformation and critical to supporting decarbonisation across the Valencia region.
“We aim to develop up to 2GW of electrolysis capacity by 2030 for green hydrogen production, helping decarbonize our operations and customers. We plan to triple the refinery’s production of biofuels to help meet the growing demand for lower carbon fuels such as SAF. We believe HyVal can play an important role in Valencia region’s efforts to decarbonize and help support thousands of industrial jobs across the region.”
The first, anticipated to be operational in 2027, will involve the installation of an electrolysis plant with at least 200MW capacity at Castellón refinery.

219 queries in 0.500 seconds.