BP and Iberdrola team up on green hydrogen

摘要

ENERGY giants BP and Iberdrola have formed a joint venture to build green hydrogen production hubs in Spain, Portugal and the UK, and intend to explore opportunities in other geographies. Spain's Iberdrola - the world's third-largest power company and a major renewables developer - and UK supermajor BP, the sixth-largest oil company, said they aim to jointly build "advantaged hydrogen production hubs... integrated with renewable power" in the three countries with a total capacity of up to 600,000 tonnes per annum. That volume would require about 6 gigawatts of electrolysers.