cepsa It was deemed worthy of the award by Enerji NewspaperBest Hydrogen Startup of 2023‘for the development Andalusian Green Hydrogen Valley, the most important project presented in Europe to date. It has 2 GW electrolysis power.
The company received this recognition in the second edition of ‘La Noche de la Energía’.An event that is a reference event in the industry, where El Periódico de la Energía rewards the best initiatives and outstanding work of companies, public administrations and personalities in the Spanish energy field.
Carlos BarrasaAfter receiving this award, Cepsa Commercial and Clean Energies Director wanted to express his satisfaction: “We have made significant progress in the development of the Andalusian Green Hydrogen Valley: we have different agreements along the entire value chain and currently We are committed to selling more than 60% of our green hydrogen production by 2030. All this shows the strength and competitiveness of the project. “This recognition excites us and motivates us to continue investing in this new energy vector as one of the axes of the energy transition.”
Green hydrogen produced by Cepsa It will facilitate the decarbonization of the company’s operations and promote the decarbonization of industry and heavy land, air and sea transportThrough its direct use or with derivatives such as green ammonia and methanol.
from beginning to end 3 billion euro investmentThe company is advancing the creation of this project, which will have two plants with a capacity of 1 GW each, located in Palos de la Frontera (Huelva) and San Roque (Cádiz). The Huelva facility, which will be located on Cepsa land near La Rábida Energy Park in Palos de la Frontera, will come online in 2026 and reach its maximum capacity in 2028. The Campo de Gibraltar facility will come into operation in 2026. It will be installed within the San Roque Energy Park and will become operational in 2027.
Additionally, within the framework of the Andalusian Green Hydrogen Valley, Cepsa will build Europe’s largest green ammonia plant in San Roque. Production capacity up to 750,000 tons per year. from beginning to end 1 billion euro investmentThis facility will become operational in 2027.
Cepsa establishes strategic collaborations with leading companies across the entire hydrogen value chain, such as Fertiberia, EDP, Enagás Renovable and Alter Enersun, with the aim of promoting the sustainability of the industry, attracting new ones and promoting the full development of the hydrogen industry. In Andalusia.
In addition, the development of this valley To position Andalusian ports as world leaders in the supply of new green fuels for maritime transport. In addition, the agreement signed by Cepsa with the Port of Rotterdam allowed the initiative to gain an international dimension by allowing the development of the first green hydrogen corridor that will connect the north and south of Europe and the ports of Rotterdam. Algeciras. To make the launch of this corridor a reality, Cepsa has also formed alliances with European companies such as Yara Clean Ammonia, Gasunie, ACE Terminal or GETEC, which will enable green hydrogen and ammonia to reach customers in the north of the continent.
The jury of these awards also noted that this project, in addition to contributing to the 2030 Agenda in the fight against climate change, It will position Andalusia and Spain as a European energy power that can export energy for the first time in its history.It will strengthen the continent’s security of supply and energy independence, thus supporting the REPowerEU strategy.
Increasing industrial activity and employment in the region
Development of the Andalusian Green Hydrogen Valley Approximately 10,000 jobs will be created, of which approximately 1,000 will be direct employmentIt will stimulate economic activity in more than 400 local small and medium-sized businesses. It will also increase industrial activity in the region by facilitating access to affordable, safe and sustainable energy that can be found near production centres. Currently, Andalusia consumes close to 40% of the hydrogen used in Spain.
There are already important industrial centers in the region and Cepsa’s aim is to establish alliances and collaborations that will increase competitiveness. In this context, the Andalusian Green Hydrogen Valley aims to be a connection point with other actors in the hydrogen value chain, including electrolyzer production, green fertilizer production and hydrogen transport technology.
Source: Informacion
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