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 aim 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. Therefore, different types of renewable energy play a key role.
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
is what we aspire to achieve by 2030
The creation of a joint venture in Chile with Grupo Ibereólica Renovables gives us access to a portfolio of projects in operation, construction and development of more than 1.6 GW until 2025 and the possibility of exceeding 2,6 GW by 2030.
Repsol has also signed an agreement to acquire 40% of Hecate Energy, a US-based company specializing in photovoltaic and battery storage projects.
Discover more about Hecate Energy >
More recently, the company has begun to produce electricity at our first US photovoltaic plant, Jicarilla 2, located in Rio Arriba County in New Mexico.
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.
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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