Cepsa and Ohmium International have announced an agreement to develop highly efficient green H₂ projects in the Iberian Peninsula.

The companies will collaborate to develop and build initially small-scale projects aiming to develop a green H₂ platform using Ohmium’s advanced modular PEM electrolyzers, with the possibility of providing Cepsa up to 300 MW of installed H₂ production capacity. Under the agreement, the two companies will also work together on green H₂ research and development initiatives.

Carlos Barrasa, Director of Commercial & Clean Energies at Cepsa said, “We at Cepsa have many years of experience in the production and handling of energy sources via molecules. As we transition to green hydrogen, this experience gives us a competitive advantage and our collaboration with Ohmium will further enhance the efficiency of the hydrogen production process, key to cost competitiveness, thanks to the company’s novel technology.”

Arne Ballantine, CEO, Ohmium International continued, “Cepsa is a leader in the energy industry and a truly visionary company. Their Positive Motion plan, which lays out the transition to a greener and more sustainable economy in the Iberian Peninsula, and which includes the development of 2 GW of green hydrogen production in Spain and Portugal by 2030, is proof of that. With this collaboration we are taking an immediate and concrete step towards making that goal a reality.”

The inclusion of bold goals for green H₂ production in Cepsa’s Positive Motion plan is an explicit acknowledgement that green H₂ is an ideal way to decarbonize multiple industries, including complex sectors such as heavy transport, aviation, and maritime traffic. Replacing gray H₂ with cost effective renewable H₂ – no-carbon H₂ made from water electrolysis using renewable energy sources – will be critical to meet the world’s carbon targets. Further, green H₂ can directly improve local and regional energy security and independence. Whereas conflicts can disrupt global energy supply chains, green H₂ can be cost effectively produced locally where the appropriate renewable energy resources are available.