Repsol has launched Solmatch, the first large solar community in Spain, as part of its commitment to offering different supply alternatives to its customers. This product is aligned with the company’s strategy to become a net zero emissions company by 2050.
Generation and self-consumption of renewable energy is one of Repsol’s focus areas to reduce its carbon intensity. The company is transforming and diversifying its business to contribute to reaching the goals of the Paris Agreement.
Repsol Solmatch is a new service, based on a 100% renewable energy model, that promotes distributed electricity generation in Spain. With this model, the company is bringing power generation to the point of consumption through the design of solar communities in urban centers.
The Solmatch communities generate power using solar panels installed on the roofs of the building (roofers) so that homes (matchers), located at a maximum distance of 500 meters, can connect to them and benefit from 100% local renewable energy.
This is a new urban energy model that promotes the local economy, providing benefits in terms of sustainability and without the interested parties having to make any investment. The roofers have the option to generate renewable energy, while making the most of an asset that is generally unused, their rooftops. They can also improve the energy rating of their homes and receive free energy advice and services from expert energy advisors.
Matchers can easily connect to a solar community in their vicinity to consume the solar energy generated in their surrounding area and make savings of up to 20% on the electricity they consume, at a very competitive rate and with no commitment or minimum term. All the matchers have to do is enter their addresses into the Solmatch website to find the solar communities that exist in their area.
Repsol manages the project in all its stages, taking responsibility for the whole process from start to finish, from the roof study to confirm its viability to the installation and maintenance of the solar panels./p>
In short, Solmatch presents a transformative energy paradigm that offers a new vision of self-consumption where the consumers are even more empowered. Now, they can chose to participate in a solar community where on top of saving money they are guarantied 100% renewable energy.
Solmatch currently consists of 30 solar communities around Spain, with several Repsol installations acting as roofers, for example, the Repsol Campus, the lubricants and specialties plant in Palencia, and numerous service stations.
At the end of 2019, Repsol launched Solify, a comprehensive self-generation solar energy solution aimed at individuals and small businesses and offering 100% renewable energy.
Solify is a cost-effective solution given that there is a compensation of 5 euro cents/kWh for the solar energy the owner produces but does not consume, in addition to the savings inherent in self-consumption. In the case of individual customers, they will receive €5 every month for a year on Waylet, Repsol’s mobile phone payment app. In the case of businesses, a year’s free Energy Management Service.
Solmatch and Solify are examples of Repsol’s efforts to facilitate the transition to a lowemissions energy model by offering solutions that improve the energy efficiency, focusing on the generation of low-emissions electricity, new sustainable forms of mobility, and selfconsumption, among others.
To advance towards decarbonization, Repsol is also promoting a variety of projects associated with the energy transition. The company currently has a low carbon emissions