Cepsa, Kira Ventures to develop 15 biomethane plants in Spain
Cepsa has reached an agreement with Kira Ventures to develop up to 15 biomethane plants in Spain over this decade, it said on October 16. The first five plants will be located in Castilla-La Mancha and Castilla y León, and are expected to be operational between 2025 and 2026.
The plants will use agricultural and livestock waste from the areas where they are installed, such as manure and slurry, to produce biomethane. Biomethane is a renewable gas that has the same characteristics as natural gas but allows up to 100% reduction of CO2 emissions.
Cepsa plans to use biomethane to decarbonise its industrial activity, replacing natural gas consumption in its energy parks and chemical plants. Biomethane can also be used to produce green hydrogen and as an alternative for sustainable mobility.
The use of biomethane will result in the reuse of 10mn tonnes/year of waste, thus promoting the circular economy, and will prevent the emission of 728,000 tonnes/year of CO2, Cepsa said.