Committed to new energy sources
We are a global multi-energy provider that strives to drive the evolution towards a low-emissions energy model. Our objective is to advance in the energy transition and reduce the emissions of our operations and products in line with the goals set out by the Paris Agreement.
Our renewable assets
The low-emissions generation business is one of the pillars of our strategy to be a net-zero emissions company by 2050. We have 12 hydropower plants, 2 combined gas cycles, and 1 wind farm; and we are developing five renewable projects: two wind (Delta 2 and PI) and three solar (Valdesolar, Kappa, and Sigma). We also have renewable wind energy and solar energy assets in Chile.
total installed capacity
is our goal for 2025
we hope to achieve by 2030
Continuing our international expansion to become a global operator
We are advancing toward our goal of becoming a global player in renewable energy, giving new impetus to this strategy with the creation of a joint venture in Chile with Grupo Ibereólica Renovables. The signing of this agreement gives access to a portfolio of projects in operation, construction and development of more than 1.6 GW until 2025 and the possibility of exceeding 2,600 MW by 2030. The company already has two wind farms under development: Cabo Leones III (189 MW) and Atacama (180 MW).
The transaction with Grupo Ibereólica Renovables will make it possible to develop, build, and bring into operation the following projects in Chile: Cabo Leones III with an installed capacity of 189MW, Atacama with 180 MW, Antofagasta 794 MW, and the solar projet called Elena with an output of 540 MW.
A major player in the Spanish electricity and gas market
Thanks to our low-emissions assets and a well-established customer portfolio, we have consolidated ourselves as a global multi-energy provider and leading player in electricity and natural gas in Spain with 1.2 million customers. We offer innovative solutions such as individual or shared self-consumption of renewable energy. Additionally, Repsol is a leading retail supplier of liquefied petroleum gas (LPG), with four million customers in Spain, and one of the top operators in Portugal.
Guaranteeing the 100% renewable origin of the electricity we offer with the highest certification
The Spanish National Commission on Markets and Competition (CNMC) awarded us the highest certification – the A label – for the environmentally-friendly origin of the electricity we offer. This makes us the only major retailer, in terms of customers supplied, to be awarded this label for the second year in a row.
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