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Repsol

Repsol: We offer all the energies to make your everday life easier

Fleur Srame Bangbone Sangma
Fleur Srame Bangbone Sangma
Updated on September 18th, 2025
4 min read

Summary

Repsol is a multi-energy provider offering renewable diesel (HVO), sustainable aviation fuel (SAF), conventional fuels, EV charging, and retail electricity/gas. Its expanding renewable-fuels production and Iberian service-station network help fleets and airlines meet EU fuel-blend and emissions-reporting requirements, while home and SME energy services support practical, regulation-aligned sustainability.
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Details

Name
Repsol
Date of establishment
1986
Organization

Deep dive


Repsol is a Madrid-based multi-energy company with integrated businesses spanning industrial refining & chemicals, mobility and retail energy, trading, and low-carbon power. It has committed to net-zero by 2050 and tracks progress via a Carbon Intensity Indicator to guide investment decisions.

Products/Services

  • Mobility: conventional & renewable fuels, >4,000 service stations worldwide; EV charging; lubricants.

  • Home energy: electricity & natural gas retail; LPG; rooftop solar.

  • Digital: Waylet payments/loyalty, and Vivit home energy management. (Waylet user base reported at 9M via interoperability update in 2025.)

  • Materials & Specialties: polymers/materials, asphalts, aviation fuels & services.

  • Trading: crude/products trading; bunker; derivatives & risk management.

Technology

Repsol’s decarbonization levers include:

  • Advanced biofuels (HVO/SAF/RD): large-scale hydrotreatment of waste-based feedstocks at its Cartagena industrial complex (250,000 t/yr). A second renewable-fuels unit is planned at Puertollano.

  • E-fuels (synthetic fuels): demo plant in Bilbao (with Petronor & Saudi Aramco) to synthesize fuels from captured CO₂ and renewable H₂ (Fischer–Tropsch), designed for ~8,000 L/day in the initial phase.

  • Low-carbon generation: wind, solar, hydro, and CCGTs optimized with digital operations. Installed renewable capacity: +4,700 MW; 9–10 GW target by 2027.

Applications

  • Regulated transport decarbonization: supplying SAF to airlines to comply with EU ReFuelEU Aviation mandates and corporate Scope-3 programs.

  • Road & marine: 100% renewable diesel roll-out via service-station network to enable fleet emissions-accounting compliance and municipal low-emission zone rules.

  • Power & heat: retail electricity/gas and distributed solar for households/SMEs responding to national energy-efficiency and disclosure requirements.

Key Technology Deep Dive

  • Cartagena advanced biofuels: first large-scale plant of its kind in the Iberian Peninsula; produces renewable diesel and SAF from waste lipids. Initial output represents ~5% of site diesel and ~17% of kerosene production; Repsol targets >2 Mt/yr renewable fuels by 2030.

Partnerships

  • Airlines: multi-year SAF supply with Ryanair (up to 155,000 t SAF 2025–2030). IAG agreed the largest six-month SAF purchase in Spain (>28,000 t).

  • E-fuels: collaboration with Petronor and Saudi Aramco on Bilbao synthetic-fuels demo facility.

Achievements

  • Renewable-fuels retail: reached 600 Iberian service stations offering 100% renewable diesel by Nov 2024; plan to reach 1,500 by end-2025.

  • Low-carbon power: more than 6,900 MW installed globally across Spain, the U.S., Chile, Italy, and Portugal.

  • Net-zero governance: Carbon Intensity Indicator used to steer strategy and capital allocation.

Case Study / Flagship Project

Cartagena 100% Renewable Fuels Plant (Spain, 2024):
Commissioned to produce ~250,000 t/yr of HVO/SAF from waste feedstocks; complements Iberian SAF agreements and enables network distribution of “Nexa” renewable diesel. Investment of €250 m reported; roll-out backed by retail network expansion.

Funding & Pricing

  • Capital allocation: 2024–2027 plan directs >35% of net CAPEX to low-carbon projects; low-carbon generation net investments €3–4bn to reach 9–10 GW by 2027 (strategic update).

  • Public support: select assets (e.g., EV-charging at Algeciras CCGT) have received NextGenerationEU / MOVES III funding.

  • Financial position (latest full-year): €1.756bn net income for 2024 (press release, Feb 20 2025). Payout policy maintained with additional buybacks in 2025 per market updates.

  • Retail pricing: electricity/gas and fuels are market-based; current tariffs and pump prices are published on Repsol consumer portals and at the point of sale.

Compliance

Repsol frames sustainability as a strategic response to regulatory and stakeholder requirements: EU aviation fuel mandates, national transport decarbonization policies, and investor expectations linked to its net-zero plan and CII metric.

Conclusion

For buyers prioritizing compliance-ready decarbonization, Repsol offers immediately deployable solutions, renewable diesel/SAF at scale, expanding low-carbon power, and integrated retail energy, underpinned by quantified targets and capex. The portfolio is designed to meet regulatory timelines while preserving operational certainty across mobility and power value chains.


Fleur Srame Bangbone Sangma
Written by:
Fleur Srame Bangbone Sangma
Sustainability Research Analyst
Fleur is a Sustainability Research Analyst Intern at Net Zero Compare. She is passionate about sustainability and known for her curiosity, drive for continuous learning, and deep commitment to meaningful impact. She is dedicated to advancing sustainable solutions with evidence‑based climate compliance frameworks.