May 30, 2023

cepsa will have an outstanding participation this week in the World Hydrogen 2023 Summit & Exhibitionwhich will bring together the main leaders of the industry of the hydrogen globally in the city of Rotterdam (Netherlands). Between May 9 and 11, more than 8,000 delegates from more than 100 countries and 350 exhibitors will gather to present the latest hydrogen technologies and projects throughout its entire value chain with the aim of accelerating decarbonization towards a world with zero net emissions (net zero).

The CEO of Cepsa, Maarten Wetselaar, will give a keynote speech on the 11th as part of the congress, which will also include the participation of Frans Timmermans (Vice President of the European Commission), Micky Adriaansens (Minister of Economic Affairs and Climate Policy of the Netherlands), Liesje Schreinemacher (Minister of Foreign Trade and Development Cooperation of the Netherlands), Peter Malinauskas (Prime Minister of South Australia), Salim Al Aufi (Minister of Energy and Mines of Oman), Sharif Al Olama (Undersecretary of Energy and Petroleum of the Emirates United Arab Emirates), David Crane (US Department of Energy), Sunita Satyapal (US Department of Energy), Falk Rouven Bömeke and Christine Falken-Grosser (Federal Ministry of Economy and Climate Action) or Allard Castelein (CEO of the Port Authority of Rotterdam).

Cepsa will present its latest agreements and progress achieved for the development of the Andalusian Green Hydrogen Valley, which with 2,000 MW is the largest project presented to date in Europe. The company plans to promote with the Port of Rotterdam the first green hydrogen corridor that connects the south and north of Europe to promote the decarbonization of the continent and supply the growing demand in European countries, which are looking for clean alternatives to replace fossil fuels. and the gas they imported from Russia.

In this regard, Cepsa signed an agreement last February with ACE Terminal (a consortium made up of the companies Gasunie, HES International and Vopak) whereby the Spanish energy company will supply green ammonia to the planned import terminal in the Port of Rotterdam , for final use in industry after the conversion of ammonia back into green hydrogen, or for direct use as a renewable fuel for the maritime sector and other industries in northwestern Europe.

cepsa is developing the Andalusian Green Hydrogen Valley in its two Andalusian Energy Parks, Palos de la Frontera (Huelva) and San Roque (Cádiz), as part of its 2030 strategy, ‘Positive Motion’, to become a leader in sustainable mobility and production of renewable hydrogen and second generation biofuels, and thus be a benchmark in the energy transition.

These two hydrogen plants, which will involve an investment of 3,000 million euros, will form the largest green hydrogen hub in Europe, for which Cepsa is already signing collaboration agreements throughout the hydrogen value chain, with companies such as Fertiberia, EDP, Enagás Renovable or Alter Enersun, among others. The two plants will produce up to 300,000 tons of green hydrogen per year, which will boost the production of second-generation biofuels for aviation (SAF), heavy ground and maritime transport, and prevent the emission of 6 million tons of CO2 per year. .

Andalusia, a European benchmark for the production of green Hydrogen

Andalusia has the best conditions to be one of the most competitive and efficient regions in the world in the production of green hydrogen. Currently, 40% of the hydrogen produced in Spain is consumed in this autonomous community, which is why the Cepsa energy parks in San Roque (Cádiz) and Palos de la Frontera (Huelva), where there is already a relevant industrial fabric, They constitute privileged locations for the development of large-scale projects.

In addition, it is one of the places in Europe with the greatest capacity for generation and production of wind and photovoltaic solar energy at lower costs. The development of the new energy vector would also enable the arrival of new investments for the development of the entire value chain and other industrial projects attracted by access to sustainable energy at a competitive price.

Likewise, Andalusia has a first-rate port infrastructure, connected to the main ports in Europe and the world. The ports of Algeciras and Huelva are two key locations on export routes and maritime traffic both to northern Europe and to Asia and Africa. The establishment of the Andalusian Green Hydrogen Valley will position the Andalusian ports as world leaders in the international corridors of green hydrogen and the supply of new sustainable fuels for maritime transport.

World’s largest green hydrogen congress

The World Hydrogen 2023 Summit & Exhibition is the leading global platform dedicated exclusively to the advancement of the hydrogen industry organized by the Sustainable Energy Council (SEC) in association with the City of Rotterdam, the Province of South Holland and the Port of Rotterdam. This year the main global players will meet for the development of hydrogen, a new energy vector that will be key to decarbonizing the planet, especially industry and heavy transport by land, sea and air.

European commitment to green hydrogen

The Andalusian Green Hydrogen Valley will turn Andalusia and Spain into a European energy power with export capacity, contributing to the security of supply and energy independence in Europe, thus supporting the strategy

REPowerEU and helping to achieve the goals of the 2030 Agenda to fight climate change.

The European Commission presented its REPowerEU strategy a year ago to end the EU’s dependence on Russian fossil fuels and tackle the climate crisis. Among other measures, it established a target of 10 million tons of European production of green hydrogen and 10 million tons of imports to the EU by 2030, in order to replace natural gas, coal and oil in industries and transport sectors. difficult to electrify.

Leave a Reply

Your email address will not be published. Required fields are marked *