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Energy Major Repsol Halts Green Hydrogen Projects in Spain
Spanish energy giant Repsol has decided to pause green hydrogen development projects in its home country, citing an unfavorable regulatory regime with the idea of a permanent windfall tax on energy companies, a spokesperson for Repsol told Reuters on Monday. The Spanish firm has a pipeline of 350 megawatts (MW) of electrolysis capacity for green hydrogen projects across Spain, but it has flagged uncertainties over the regulatory framework in the country as a deterrent to investments in green energy. Repsol now plans to build its next electrolyzer...