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Invest in Repsol

By 2030, we will be a renewed and more sustainable company

Our business size, industrial background, clear commitment to technology and digitalization, customer-centric approach, and multi-energy vision will uniquely position us to become an active player in the decarbonization of society.

6.6 Mt of CO₂ reduced from 2006 to 2023.

More than 300 circular economy projects.

Intermediate decarbonization targets for 2025, 2030, and 2040 in order to reach net zero emissions by 2050.

More than €400 million invested in energy efficiency projects between 2021 and 2025.

20 GW increase of low-carbon electric capacity by 2030.

Commitment to increase the production of high-quality biofuels to exceed 1.3 Mt per year by 2030.

Learn about our commitment

See the strategic update 2024-2027

See update |PDF| 10.62 MB

A global multi-energy company

We are present in twenty seven countries with operations ranging from energy exploration, production, and marketing. Our objective: provide affordable, efficient, and safe energy that sustainably responds to an increasing energy demand and facilitates the transition toward a low-emissions energy model.

25,000+

employees

around the world.

5,006

of electric generation capacity.

1 million+

barrels per day of refining capacity

599,000

barrels

average production of oil equivalent/day.

64%

of our proven reserves

are gas.

4,500+

service stations

in Spain, Portugal, Peru, and Mexico.

1,800+

EV charging stations

throughout Spain.

million

customers worldwide already trust in us.

Evolving towards a low-emissions energy model

Our objective is to advance in the energy transition and reduce not only our emissions but also those derived from the use of our products. That's why we have increased our portfolio of renewable energy projects, reaching a low-carbon generation capacity of 5 GW, which is more than 65% of our goal set for 2025.

Map showing Repsol's renewable electricity generation assets in Spain

Hydropower plants

We have 12 hydropower plants located in the north of Spain.

Generating hydropower

Floating wind farm

Windfloat Atlantic is the world's first semi-submersible wind farm.

WindFloat project

Photovoltaic park

We are developing three photovoltaic parks in Badajoz, Cádiz, and Ciudad Real.

Solar energy

Other wind energy projects

Our three onshore wind energy projects are located in the Spanish regions of Aragon and Castile-Leon.

Wind energy

International expansion in the renewable energy market

We are advancing toward our goal of becoming a global player in renewable energy. In 2020, we signed an agreement with the Ibereólica Renovables Group for the operation, construction, and development of projects in Chile, with the possibility of exceeding 2.6 GW by 2030.

In 2021, we entered the renewable market in the United States, one of the biggest in the world, with the acquisition of 40% of Hecate Energy, a company specializing in the development of photovoltaic and battery projects for the storage of energy, with projects of more than 40 GW.

In 2022, Repsol started producing electricity at their first US photovoltaic plant, Jicarilla 2, located in Rio Arriba County in New Mexico.

An organizational model that brings out value

Our organization is evolving by developing a new corporate and operating model based on four business lines.

Upstream

Flexibility, efficiency, and a high technological level to advance in the decarbonization of our portfolio and cash flow generation.

Industrial

Industrial transformation based on energy efficiency, circular economy, renewable hydrogen, and CO₂ capture and use.

Customer

Multi-energy and customized digital solutions to cover any home and mobility needs.

Low-emissions generation

Ambition to become a global operator with a generation capacity of 7.5 GW by 2025 and 15 GW by 2030.

See the previous Strategic plan

2021-2025 Plan |PDF| 4.8 MB

A family gathered in the living room of their home in close-up.

Committed to sustainable energy solutions

We employ innovation and technology as key drivers for providing increasingly more efficient and environmentally-friendly solutions.

We are also leaders in the development of initiatives for sustainable mobility, with more efficient fuels and new solutions like autogas and electric recharging.

Learn about our energy solutions on our Spanish website:

Discover the self-consumption solution Solar360 Find out more about Repsol Solmatch Learn about Repsol Electric Mobility What is Wible? Repsol's carsharing service (Available in English)

More about our products and services

Recognized by experts

Carbon Tracker, team of financial specialists, has published a report which carries out an in-depth analysis of the climate ambitions of companies in the energy sector. In response to the growing worry of our ability to fight climate change, many companies have set climate objectives that often include net zero emissions targets, but which vary considerably from one business to another, depending on the metrics used and its alignment with the Paris Agreement. Eni, Repsol, and BP lead the ranking, followed by Shell, Toal, and Equinor.

See ranking

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