Repsol, Petronor, and Bosch to explore H2 value chain development in Spain
Repsol, Petronor, and Bosch have announced that they have signed the agreement of intent to look at developing a hydrogen value chain in Spain with an emphasis on mobility, industry, and residential use.
Each of the companies has identified hydrogen as a renewable resource with great potential in future mobility applications to reach net zero.
Combustion engines have been recognized to support the automobile industry and help decarbonize fleets of vehicles that are at present on the roads.
In addition to this, the groups will look to develop hydrogen solutions for trains, buses, and ships to support a more sustainable transportation system in Spain.
This is considered as a further step in promoting hydrogen industry development projects and proves each group's commitment to the strengthening of the Basque Hydrogen Corridor.