Cepsa to participate in the world’s largest hydrogen convention in Rotterdam
Maarten Wetselaar will deliver a keynote speech at the convention in Rotterdam.
Other leaders speaking at the event include Frans Timmermans, Micky Adriaansens, Liesje Schreinemacher, Peter Malinauskas, Salim Al Aufi, Sharif Al Olama, David Crane, Sunita Satyapal, Falk Rouven Bömeke and Christine Falken-Grosser, and Allard Castelein.
Cepsa will present its latest agreements and progress involving the development of the Andalusian Green Hydrogen Valley, the largest project announced to date in Europe, with 2,000 MW. The company plans to promote, together with the Port of Rotterdam, the first green hydrogen corridor connecting southern and northern Europe. This will help to decarbonize the continent while meeting growing demand in European countries seeking clean alternatives to Russian fossil fuels and gas.
In this regard, Cepsa signed an agreement in 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 a planned import terminal in the Port of Rotterdam. It will be for final use in industry, after being converted back into green hydrogen, or for direct use as a renewable fuel for the maritime sector and other industries in northwest Europe.
Cepsa is developing the Andalusian Green Hydrogen Valley at its two energy parks in the southern Spain, Palos de la Frontera (Huelva) and Campo de Gibraltar (Cádiz). The project is part of its 2030 strategy, “Positive Motion” to become a leader of sustainable mobility and the production of renewable hydrogen and second-generation biofuels and a benchmark in the energy transition.
Involving an investment of 3 billion euros, these two hydrogen plants will form the largest green hydrogen hub in Europe, for which Cepsa is already signing collaboration agreements along the hydrogen value chain with companies such as Fertiberia, EDP, Enagás Renovable or Alter Enersun. The two plants will produce up to 300,000 tons of green hydrogen per year, boosting the production of second-generation biofuels for aviation (SAF), heavy land and maritime transport and avoiding 6 million tons of CO2 emissions per year.
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 southern Andalusia, which has a substantial industrial base, making San Roque (Cádiz) and Palos de la Frontera (Huleva) privileged locations for the development of large-scale projects. It also has one of the highest wind and solar photovoltaic power generation and production capacity in Europe, and at the lowest cost.
Additionally, Andalusia has world-class port infrastructure, connected to the main ports of Europe and the rest of the world. The ports of Algeciras and Huelva are two key locations on the export and maritime traffic routes both to northern Europe and to Asia and Africa. Establishing the Andalusian Green Hydrogen Valley will position Andalusian ports as global leaders in international green hydrogen corridors and in the supply of new sustainable fuels for maritime transport.
The World Hydrogen 2023 Summit & Exhibition is the world’s leading platform dedicated exclusively to the advancement of the hydrogen industry. It is organized by the Sustainable Energy Council (SEC) in partnership with the City of Rotterdam, the Province of South Holland and the Port of Rotterdam. This year will bring together the main global players for the development of hydrogen, a new energy vector that will be key to decarbonize the planet, especially industry and heavy transport by land, sea and air.
The Andalusian Green Hydrogen Valley will turn Andalusia and Spain into a European energy power with export capacity, contributing to Europe’s security of supply and energy independence, thus supporting the REPowerEU strategy and helping to achieve the goals of the 2030 Agenda to combat climate change.
