The Basque Hydrogen Corridor was designed with the aim of creating a hydrogen ecosystem, based in the Basque Country, which will enable progress to be made towards decarbonising the energy, industrial, residential and mobility sectors, as was made clear at its public presentation on 22nd February. This initiative was created by Petronor and Repsol, accompanied in its genesis by 8 institutions, 12 knowledge centres and business associations and 58 companies, totalling 78 organisations with the full capacity to make it a reality through dozens of projects throughout the value chain.
The project is part of Repsol’s strategic decision to invest in the Basque Country in order to continue advancing in the energy transition with a view to its goal of being a zero net emissions company by 2050. In this context, Petronor is committed to turning the Basque Country into a hydrogen hub, as one of the pillars for transitioning towards a green productive economy.
The desire to be a lever in transforming productive fabric and maintaining the importance of industry in the Basque economy is present in each and every one of the steps that are being taken. The project combines economic, social, technological, and environmental dimensions, among others, thanks to an investment of more than 1.3 billion euros until 2026, generating more than 1,340 direct jobs and 6,700 indirect jobs.
All this will result in the production of 20,000 tonnes of renewable hydrogen per year, thus preventing the emission of 1.5 million tonnes of CO2 during this period. During these initial years, the focus will be on the development of renewable hydrogen production, and of the infrastructures and applications required for the deployment of a Corridor that will represent a turning point in the Basque energy transition.