CEPSA: Cepsa to invest 3 billion euros in Andalusia to build the largest green hydrogen hub in Europe

Cepsa, the leading company in Andalusia in terms of turnover and exports, will install ultra-fast chargers in more than 60 Andalusian service stations by 2023, as part of its commitment to sustainable mobility. The company is installing chargers of at least 150kW at its network of stations as part its plans to develop the largest roadside ultra-fast charging network in Spain and Portugal. These chargers recharge electric vehicle batteries to 80% in just 10 minutes, the same amount of time it takes to refuel a combustion vehicle.

Cepsa service stations, with over 250 outlets in Andalusia, will be transformed into digitized spaces offering a wide variety of ultra-convenience and catering services, including fresh food, cosmetics and beauty, e-commerce, parcel collection points, and sustainable vehicle washing services, as well as multi-energy solutions.

In addition, the company will use advanced analytical tools to transform the customer experience and strengthen its loyalty program, a leader in the Community. Likewise, through artificial intelligence-based decision making, the company will be able to offer comprehensive services in real time.

Also, Cepsa will promote the demand for green hydrogen in road transport, for which it has set a 2030 target for establishing a refueling station every 300 kilometers in the main corridors connecting the Iberian Peninsula with the rest of Europe.

Cepsa presented these projects today at MOW FORUM Andalusia, an international forum on the future of mobility and the automotive sector organized by the Regional Government of Andalusia with the collaboration of the Royal Automobile Club of Spain-RACE, which is currently hosting 300 experts from the sector in Seville. Juan Manuel Moreno Bonilla, President of the Regional Government of Andalusia, and Isabel Pardo, Secretary of State for Transport, Mobility and the Urban Agenda, presided over the opening of the event.

Speaking at the forum, Pierre-Yves Sachet, Cepsa’s Director of Mobility & New Commerce, said: “Andalusia is at the heart of our 2030 strategy, with the decarbonization of road transport and end-customer mobility playing a key role. To this end, we are transforming our service stations into multi-mobility spaces, where we will install high power chargers and green hydrogen refueling stations, as well as offering a wide variety of ultra-convenience and catering services.”

Andalusia, the backbone of the company’s 2030 strategy

Cepsa will invest up to 5 billion euros in Andalusia over the course of this decade. This investment represents nearly 60% of the total amount (8 billion euros) that the company will invest to lead the generation of sustainable energy in Spain and Portugal and to be a benchmark in the energy transition. In this sense, Cepsa has made Andalusia the backbone of its new strategic plan, ‘Positive Motion’, and will place it at the forefront of Europe in the latest technologies for sustainable energy.

As a result of this investment, Cepsa will generate 17,000 jobs, including direct, indirect and induced jobs, during the construction and useful life of the projects. Of these, 13,000 will be direct or indirect jobs and 4,000 will be induced jobs.

Cepsa will install plants for the production of green hydrogen in its industrial centers in Andalusia, allowing it to lead the production of this energy in Spain and Portugal by 2030 with a capacity of 2 GW. Cepsa’s facilities (Huelva and Campo de Gibraltar) have a favorable and very competitive location to develop the hydrogen import and export business of Europe.

At the same time, the company aspires to lead second-generation biofuels production with a production of 2.5 million tons per year by 2030, thus helping to advance the circular economy. All this will be produced at its industrial centers in Andalusia, which are being transformed into biorefineries and where it will install new units to process these products that will help decarbonize air, maritime, and land transport.

The company will also implement technologies based on artificial intelligence and advanced analytics in its Andalusian energy parks to optimize its processes and reduce the environmental impact of the activity of its industrial centers.

In the field of renewable energies, Cepsa will develop a portfolio of solar and wind energy projects for its own use, with a capacity of 7 GW. In Andalusia, the company already has 1 GW connected to the grid.

The company has established an ambitious roadmap to cut its emissions, placing it 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 of its energy products by 15-20% compared to 2019. Cepsa also wants to go beyond net zero emissions and reach net positive, allowing customers and society to move in the right direction.