Energy

Repsol to invest millions in fuel production using green hydrogen

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A Repsol gas station in Spain.

Miguel Candela | SOPA Images | Getty Images

Repsol has announced plans to develop a facility that will use carbon dioxide and green hydrogen to generate net-zero emission fuels for use in the transportation sector.

The Spanish oil and gas firm also announced Monday that it would be involved in a project to produce gas from “urban waste.”

Both projects will be located in the north of Spain, with the major port city of Bilbao “and its surrounding area” mooted as a likely location.

Madrid-headquartered Repsol is working with Petronor and the Energy Agency of the Basque Government on the first scheme. Petronor, which Repsol has an 85.98% stake in, will take the lead…



Source cnbc.com

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