BP is ramping up its green hydrogen investments in Europe, starting with a significant project at the Castellon refinery in Spain in partnership with Iberdrola. The focus of this initiative is to produce green hydrogen at an industrial scale. While specific details like timeline and costs were not disclosed, BP had earlier outlined plans to spend €2 billion on 2GW of electrolyser capacity at Castellon by 2030. The current investment, however, targets only 25MW of capacity and aims to replace grey hydrogen in refining processes, as well as increase biofuel production to 650,000 tonnes annually by 2030. Additionally, BP is set to finalize an investment decision for a 100MW green hydrogen project at the Lingen refinery in Germany, with plans to replace a significant portion of grey hydrogen. This project has received recognition as an Important Project of Common European Interest by the European Commission, ensuring eligibility for state aid. Furthermore, BP is expanding its hydrogen ventures with the Aberdeen Hydrogen Hub in Scotland, which will house a 2.5MW electrolyser for hydrogen production. BP's CEO, Murray Auchincloss, emphasized a strategic shift towards projects that can be realized within the decade, with intentions to invest in five to ten hydrogen or carbon capture and storage projects by 2030, showcasing a commitment to sustainable energy practices.