In Spain, Reuters reported that Spanish oil company Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 megawatts (MW) due to an unfavorable regulatory environment. The company had already warned that regulatory uncertainty, including the possibility that a windfall tax on energy companies and banks could be redesigned and become permanent, could affect its investment in this industry, according to the report. A 100 MW project in Cartagena, with a planned investment of more than $217 million is among those put on hold, along with projects in Tarragona and the Basque country, with capacities of 150 MW and 100 MW respectively. Repsol’s next electrolyzer will be built in Portugal, according to a company spokesperson.
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