BP has unveiled its plans to build a green hydrogen cluster in the Valencia region of Spain's Castellón refinery, dubbed HyVal. HyVal is a public-private partnership scheme planned to be developed in two phases. The project requires an investment of up to 2 billion euros and will have up to 2GW of electrolysis capacity by 2030 for the production of green hydrogen at the Castellón refinery. HyVal will be designed to produce green hydrogen, biofuels and renewable energy to help decarbonise bp's operations at its Spanish refinery.

Andrés Guevara, president of BP Energía España, said: "We see Hyval as key to the transformation of Castellón and to support the decarbonization of the entire Valencia region. Our goal is to develop up to 2GW of electrolysis capacity for green hydrogen production by 2030, helping to decarbonise our operations and our customers. We plan to triple our refinery biofuel production to help meet growing demand for low-carbon fuels such as SAF.

The first phase of the HyVal project includes the installation of a 200MW capacity electrolysis unit at the Castellón refinery, which is expected to be operational by 2027. The plant will produce up to 31,200 tonnes of green hydrogen per year, initially at the refinery as a feedstock for the production of SAF. It will also be used in industry and heavy transport to replace natural gas, reducing CO2 emissions by more than 300,000 tons per year.

HyVal Phase 2 involves the expansion of the electrolysis plant until a net installed capacity of 2GW is reached, with the project due to be completed by 2030. It will supply green hydrogen to meet regional and national needs and export the remainder to Europe via the green hydrogen H2Med Mediterranean corridor. According to Carolina Mesa, vice president of hydrogen at BP Spain and New Markets, the production of green hydrogen will be another step towards strategic energy independence for Spain and Europe as a whole.Editor/XingWentao