Cepsa has announced the construction of a new second generation (2G) biofuels plant in Palos de la Frontera (Huelva).
The new facility, which will involve an investment of up to 1 billion euros, will produce both renewable diesel and SAF (sustainable aviation fuel) and will create up to 1,600 direct and indirect jobs during its construction phase.
2G biofuels will bemanufactured from organic waste, such as used cooking oils or agricultural waste, among others. In addition, their use promotes the circular economy, since otherwise the waste used in production would end up in landfills.
Decarbonization potential of biofuels
By using biofuels, it is possible to reduce CO2 emissions by up to 90% compared to traditional fuels.
Thus, they become a key element in the energy transition, driving the decarbonization of sectors in which electrification is very complex, such as heavy road, air and maritime transport.
With the construction of this plant, Cepsa advances in its objective of becoming a reference in the manufacture of biofuels in Spain and Portugal, with an annual production of 2.5 million tons, of which 800,000 tons will be of PBS.
Cepsa's emission reduction and circularity plan
In its strategic plan, the company has established an ambitious roadmap to cut its emissions, positioning itself among the benchmark companies in its sector. Specifically, by 2030, it will reduce its CO2 emissions (Scope 1 and 2) by 55% and its carbon intensity index by 15-20%, with the aim of achieving net zero emissions by 2050.
The company has also set itself the target of increasing the circularity of its waste to 50% by 2030. This will involve minimizing, recycling and recovering 8,000 tons at its large industrial centers in Andalusia.
In addition, Cepsa is committed to increasing the proportion of renewable and circular raw materials in its Energy Parks to 15% by 2030. Thus, it will use 2.8 million tons of raw materials by 2030, 75% of which will be second generation and the rest will be waste that would have been discarded.
