The hydrogen produced in the project will be mainly used for consumption in the Bilbao refinery as a raw material in replacement of part of the conventional hydrogen currently generated, and will also transform the sector by reducing dependence on fossils and will contribute to the creation of a new market, activating a virtuous circle of supply and demand growth, which thanks to production scaling, will allow the reduction of costs that will make the use possible in other final uses as well as industrial.
The Petronor project not only represents a significant advancement in the production of renewable hydrogen in Spain, but has also been recognized as an Important Project of Common European Interest (IPCEI). This recognition highlights the relevance of the project for the innovation and competitiveness of European industry, as well as its contribution to the climate and energy goals of the European Union.
The project is found in the Basque Hydrogen Corridor (BH2C), a strategic initiative that seeks to position the Basque Country as a reference in the production, distribution, and use of renewable hydrogen. BH2C is a collaboration between various public and private organizations, including companies, research centers, and local administrations, with the aim of driving the energy transition and decarbonization of the economy.