Creation Covenant Alliance

Cepsa and PreZero Form Partnership to Advance Alternative Energy Initiatives

Cepsa and PreZero Spain partner to supply biomethane and develop plants, aiming to produce green hydrogen and biofuels.

Both companies are progressing in the development of a biomethane plant in Huelva, Spain. This facility, with an annual capacity of up to 100 GWh, will meet the heating needs of around 20,000 homes and produce green hydrogen and renewable fuels. It will be located at Cepsa’s energy park in Palos de la Frontera, where a 1 GW green hydrogen plant is also planned as part of the Andalusian Green Hydrogen Valley.

PreZero will supply Cepsa with biomethane on a preferential basis in strategic projects. Cepsa will also obtain biogenic CO2 from PreZero’s biomethane plants to produce synthetic fuels.

Additionally, PreZero will recover other organic waste and used cooking oils for Cepsa to produce second-generation biofuels, aiding in the decarbonization of sectors like heavy road, maritime, or air transport. PreZero will treat plastic waste, including single-use plastics, providing Cepsa with the raw material for circular chemical products. The companies will explore the development of pyrolysis plants to process non-recyclable plastic waste.

The partnership includes analyzing solutions to decarbonize PreZero Spain’s fleet of over 750 vehicles.

Carlos Barrasa, Executive Vice President of Commercial & Clean Energies at Cepsa, commented: “This alliance with PreZero will expand access to circular raw materials for producing alternative energies, facilitating the energy transition with green hydrogen and second-generation biofuels. Together, we will develop sustainable waste processing alternatives, promoting a circular and decarbonized economy.”

Gonzalo Cañete, CEO of PreZero in Spain and Portugal, stated: “This agreement highlights the potential in Spain for developing biomethane as a renewable natural gas, and aligns with EU circular economy and decarbonization goals. Enhanced cooperation between private companies is crucial for this endeavor.”

Cepsa’s 2030 strategy, “Positive Motion,” aims to accelerate decarbonization through the production of green molecules like renewable hydrogen and second-generation biofuels, including biomethane and renewable diesel.

PreZero Spain aims for carbon neutrality by 2050, focusing on reducing greenhouse gas emissions in its operations. The company’s sustainability strategy involves using recycled raw materials, producing green energy, optimizing waste collection routes, and implementing energy efficiency measures.

Original Story at www.offshore-energy.biz

Trending News

Rising Concerns Over Infrastructure and Indigenous Representation at COP30



The upcoming COP30 climate summit, set to take place in Belém, Brazil, is already facing scrutiny over its infrastructure readiness and the inclusion of Indigenous voices. With the event scheduled for 2025, preparations are underway, but several challenges remain unresolved.



Belém, the capital of Pará state, is seen as a symbolic location for the conference, given its proximity to the Amazon rainforest. However, concerns about the city’s infrastructure have been raised by various stakeholders. Local officials are under pressure to upgrade facilities, including transportation and accommodation, to handle the influx of international delegates and visitors.



In addition to logistical challenges, the representation of Indigenous communities in climate discussions is a significant issue. Indigenous groups, who are critical stewards of the Amazon, are advocating for a more prominent role in the negotiations. Historically, these communities have been sidelined in international climate forums, leading to calls for increased participation and decision-making power.



Efforts are underway to address these issues. The Brazilian government has pledged to improve infrastructure and ensure the summit’s success. Meanwhile, Indigenous leaders are actively seeking platforms to amplify their voices and influence policies that affect their lands and livelihoods.



Environmental organizations worldwide are closely monitoring developments, emphasizing the need for inclusive and effective climate action. The success of the COP30 summit hinges on addressing these critical concerns, ensuring that both logistical and representational challenges are met.



For more information on the role of Indigenous communities in environmental conservation, visit this United Nations article. To learn more about the previous COP summits, check out this overview of past conferences.

November 25, 2024

COP29 Ends Amidst Criticism Over Loopholes and Disunity


The United Nations’ 29th Conference of the Parties (COP29) concluded with widespread criticism over perceived loopholes and a lack of unity among participating nations. Environmental experts and activists expressed concerns that the agreements reached may be insufficient to address the escalating climate crisis.



Despite initial optimism, the conference, held in Bonn, Germany, was marked by intense debates and disagreements. Key issues included carbon emission reduction targets and financial commitments to developing countries. Many attendees felt these discussions fell short of meaningful progress. Learn more about the UN’s climate change efforts here.



A significant point of contention was the establishment of clear guidelines for monitoring and reporting emissions. Critics argue that the absence of stringent measures allows countries to exploit loopholes, undermining global efforts to curb climate change. The lack of consensus on this issue highlights the challenges in achieving cohesive international action.



Some developing nations voiced frustration over inadequate financial support from wealthier countries, which they argue is essential for implementing sustainable practices and mitigating climate impacts. This financial gap remains a major obstacle, fueling discontent and hampering collaborative efforts. Explore the Green Climate Fund’s role in supporting climate action.



Meanwhile, environmental groups emphasized the need for immediate and robust action, warning that delays could have catastrophic implications. They called for greater transparency and accountability in future agreements, urging nations to prioritize the planet’s health over economic interests.



As COP29 ends, the international community faces the challenge of bridging divides and enhancing cooperation to effectively combat climate change. Stakeholders are now looking ahead to future conferences, hoping for more decisive action and unity.

November 22, 2024