BP to build green hydrogen plant in Valencia

BP has unveiled plans to develop a green hydrogen cluster by its Castellón refinery in Spain's Valencia.

PHOTO: BP’s Castellón refinery in Valencia. BP

HyVal is a BP-helmed initiative that intends to have up to 2 gigawatts (GW) of electrolysis capacity by 2030 and could see the UK oil supermajor investing up to £2 billion ($2.1 billion) in the project.

The green hydrogen produced will replace the grey hydrogen used to power operations at the Castellón refinery and “as a feedstock for the production of SAF (Sustainable Aviation Fuel).”

An electrolysis plant with a capacity of 200 megawatts (MW) will be built by the Castellón refinery in the first phase of the project. This is expected to be operational by 2027 and produce 31,200 mt/year of green hydrogen. The second phase is slated to be completed by 2030 and will see the plant's electrolysis capacity be expanded to up to 2 gigawatts (GW).

The green hydrogen will go towards meeting “both regional and national demand” in Spain and aid the country to decarbonise its chemicals and transport industries. It can also be exported “to the rest of Europe through the Mediterranean corridor of green hydrogen H2Med.”

"The production of green hydrogen will be another step in strategic energy autonomy for Spain and more widely for Europe,“ said Carolina Mesa, vice president of Hydrogen, Spain and New Markets at BP.

By Tuhin Roy

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