Cepsa reaches an agreement with the former Cespa. It seems like a tongue twister but the oil company based in Tenerife and the former environmental subsidiary of Ferrovial Services, now Prezero, owned by the owners of the food company Lidl, knowledge manager of the waste plant called Ecoparque Gran Canaria Sur, in San Bartolomé of Tirajana, confirmed this Tuesday in a statement to Maspalomas24H that it has closed an agreement with Cepsa for the joint development of biomethane generated from organic waste. The agreement will also allow Cepsa to acquire biogenic CO2, from the PreZero Spain biomethane plants, for the production of synthetic fuels.
In Huelva, the energy company Cepsa will have the largest 2G biofuels plant in southern Europe - which will produce sustainable aviation fuel (SAF) and renewable diesel for Gran Canaria tourism planes - and plans to develop a green hydrogen plant with a capacity of 1GW. PreZero—who in 2023 produced 75% of all the biomethane generated in Spain—will provide Cepsa with this renewable gas, preferably, in those projects that PreZero and Cepsa identify as strategic for both parties, which will allow the energy company and its clients decarbonize their industrial processes.
Thus, PreZero and Cepsa have reached a strategic alliance that will allow both companies to advance their decarbonization objectives. The two companies will promote the biomethane market through collaboration in the supply of this renewable gas by PreZero Spain in some of its energy projects, in addition to the joint development of biomethane plants. Likewise, PreZero Spain and Cepsa will work on the recovery of waste for the production of second-generation biofuels and circular chemical products and on the decarbonization of the land fleet that PreZero operates in Spain and Portugal.
The CEO of PreZero in Spain and Portugal, Gonzalo Cañete, "this agreement arises from the enormous potential that exists in Spain for the development of biomethane as natural gas of renewable origin, as well as the need to standardize ourselves with other EU countries in compliance with the circular economy and decarbonization objectives. To achieve this, along with public-private collaboration, we must enhance cooperation between private companies, as demonstrated by this very promising alliance." Carlos Barrasa, Cepsa's Clean Energies commercial director, this alliance with PreZero "will allow us to expand access to circular raw materials for the production of different energies that facilitate the energy transition, such as green hydrogen or second generation biofuels. Together we will promote an alternative "sustainable approach to the treatment of urban and industrial waste, valorizing it for the production of renewable energy, thus promoting a circular and decarbonized economy."
Within the framework of this alliance, PreZero will valorize other organic waste or used cooking oils so that Cepsa can use them in the production of second-generation biofuels, which will facilitate the immediate decarbonization of sectors that are difficult to electrify, such as heavy road, maritime or aerial. Likewise, PreZero will treat plastic waste—such as single-use waste—to supply Cepsa with the raw materials with which the company can develop circular chemical products. Both companies will analyze the joint development of pyrolysis plants to process this type of non-recyclable plastic waste.
