bp an ICorr Corporate member, and Iberdrola have given the green light for the construction of a 25 MW green hydrogen project at bp’s Castellón refinery, which is expected to be operational in the second half of 2026. This is the first hydrogen project jointly undertaken by bp and Iberdrola through Castellón Green Hydrogen S.L., a joint venture equally owned by both companies.
This initiative, which includes the participation of the Technology Institute of Energy (ITE), has been awarded funding of 15 million euros from the Innovative Value Chain and Renewable Hydrogen Knowledge call of the Spanish Recovery, Transformation, and Resilience Plan, with funding allocated by NextGenerationEU of the European Union. This plant could create up to 500 new direct jobs during its construction.
The 25 MW electrolyser will be powered by renewable electricity through a power purchase agreement (PPA) signed with Iberdrola that will supply 200 GWh/year coming from Iberdrola’s photovoltaic and wind projects. The electrolyser will include 5 modules of 5 MW containerised proton exchange membrane (PEM) technology, which will be supplied by Plug Power, a leading manufacturer of green hydrogen solutions. The green hydrogen produced by the electrolysis of water powered by renewable electricity will comply with European requirements to produce green hydrogen (Renewable Fuels of Non-Biological Origin, RFNBO) and will support the transition of bp’s Castellón refinery into an integrated energy hub. It’s expected around 2,800 annual tonnes of green hydrogen could substitute part of the grey hydrogen currently used by the refinery—currently produced from natural gas—and as such is expected to result in avoiding the emission of 23,000 tonnes of CO2 per year, equivalent to the emissions of 5,000 cars over the same period. This plant could create up to 500 new direct jobs during its construction.
Source: BP News Release https://www.bp.com
