Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
BP is investing in green hydrogen production
Majors Renewables
Stuart Penson
28 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

BP plans €2bn green hydrogen cluster at Castellon

Oil major unveils Hyval project to deploy up to 2GW of electrolysers at Spanish refinery complex for decarbonisation and biofuels production

BP has set out plans to develop a green hydrogen cluster with up to 2GW of electrolyser capacity at its Castellon refinery in Spain’s Valencia region by 2030. The project, called Hyval, will also include the development of biofuels production capacity and renewable power. BP says it could invest up to €2bn into Castellon by 2030. Green hydrogen generated by BP’s Castellon project will be used to replace grey hydrogen consumed by the refinery and as a feedstock for sustainable aviation fuel production. Biofuels production at Castellon is expected to increase threefold, to 650,000t/yr, by 2030. “We see Hyval as key to Castellon’s transformation and critical to supporting decarbonisation

Also in this section

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search