BP is investing in green hydrogen production
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
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
