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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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Plug Power expands hydrogen supply chain partner network in Spain with CLH

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Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe. The CLH Group is a leading international company in the transport and storage fuel products in Europe.

Spain 186
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Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance

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Last week, the 62 national and international companies and benchmark firms that form the project applied to the Strategic Project for Economic Recovery and Transformation program (in Spanish, PERTE) for the Electric and Connected Vehicle (in Spanish, VEC). This is the biggest industrial investment ever made in Spain.

Spain 150
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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This trend was already underway before the pandemic, due to cost-competitive gas in key sectors including power, industry and transport, and major regions including Europe, North America and Asia. The development of an international hydrogen market could also accelerate adoption. —Jon Moore, CEO of BNEF. MMbtu in Russia, $8.7/MMbtu

Gas 243
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Aramco and Stellantis collaboration indicates eFuel compatibility with 24 European engine families produced since 2014 (Euro 6)

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Low-carbon eFuel is a drop-in synthetic fuel made by reacting CO 2 , captured either directly from the atmosphere or from an industrial facility, with renewable hydrogen. Meanwhile, in Bilbao, Spain, Aramco and Repsol are exploring the production of low-carbon synthetic diesel and jet fuel for automobiles and aircraft.

2014 321
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EEA: small increase in EU’s total greenhouse gas emissions in 2017, with transport emissions up for the fourth consecutive year

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Less coal was used to produce heat and electricity but this was offset by higher industrial and transport emissions, the latter increasing for the fourth consecutive year. Energy efficiency and renewable energy will continue to play a key role in cutting future emissions and helping the EU achieve its 40% reduction target by 2030.

2017 191
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Dimeta and Enerkem collaborate on large scale waste-to-DME projects in Europe and US

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Enerkem, a producer of bio-methanol from mixed waste at commercial scale, and Dimeta, a joint venture between the two of the largest off-grid energy suppliers, are initiating feasibility studies for the development of two large-scale projects that will convert waste into renewable and recycled carbon dimethyl ether (DME).

Waste 150