EnergyWatch

Repsol accelerates climate ambitions

Targeting net zero by 2050, Spanish oil firm Repsol opts to increase its proportion of renewable energy and invest more in low-emission solutions.

Photo: Marcelo Del Pozo/Reuters/Ritzau Scanpix

Tuesday, Spanish oil company Repsol held its Low Carbon Day, where the company tightened its course toward achieving net-zero emissions by 2050.

According to a statement, Repsol plans to achieve 6GW in renewable energy capacity by 2025, while its 2030 target comes to 20GW.

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