- Cepsa will thus contribute to promoting this energy vector in the autonomous community, where it will implement the Andalusian Green Hydrogen Valley, which will be the largest hub in Europe
- Andalusia has everything it takes to become one of the most competitive and efficient places in the world for green hydrogen production
Green hydrogen is a key part of the company's new Positive Motion strategy. Cepsa is developing a capacity of 2 GW of green hydrogen in its Energy Parks in Andalusia, 1 GW in Palos de la Frontera, Huelva, and another in San Roque, Cadiz. The two hydrogen plants will be part of the Andalusian Green Hydrogen Valley, the largest hub in Europe, which will represent an investment of 3 billion euros, for which Cepsa has already signed collaboration agreements with various partners, including Fertiberia, EDP, Enagás Renovable, Alter Enersun, and Damas in addition to the Algeciras-Rotterdam corridor and the agreement with ACE Terminal. Its implementation will prevent six million tons of CO2 emissions per year and improve air quality by preventing the emission of other gases and particles. In addition to replacing gray hydrogen in industrial processes, green hydrogen will have a multiplier effect when used in the production of renewable fuels that will replace traditional fossil fuels.
The head of Hydrogen Regulation at Cepsa, Olivia Infantes, stressed that "green hydrogen is one of the springboards of our strategy to decarbonize both our customers' operations and our own. By joining the Cluster we will contribute to promote this energy vector in Andalusia, where we will develop our most ambitious project: the Andalusian Green Hydrogen Valley."
Francisco Montalban, president of the Andalusian Hydrogen Cluster, noted that Cepsa joining is "an important milestone in our short history and adds exceptional value to our work. Cepsa is a very Andalusian company since it has large production centers in our region. It is an honor for us to have them with us, we look forward to outstanding investments by them in Andalusia, and their active participation in our cluster."
It should be noted that recently Algeciras, Cadiz, hosted the first Andalusian Hydrogen Multisectorial Meeting, organized by the cluster, where the actions carried out in 2022 and the roadmap for 2023 were addressed. The conference also featured two presentations entitled: Metal Carbides and Arcamo/H2Biotech: Technology and materials for the hydrogen value chain.
Andalusia has everything it takes to become one of the most competitive and efficient places in the world for green hydrogen production. Currently, 40% of the hydrogen produced in Spain is consumed in this autonomous community, so San Roque and Palos de la Frontera, where there is already a substantial industrial base, are privileged locations for the development of large-scale projects. It is also one of the places in Europe with the highest wind and solar photovoltaic power generation and production capacity, as well as at the lowest cost.