EDP to take part in large-scale Andalusian hydrogen project
EDP partners up with Cepsa through its subsidiary EDP Renewables in the hunt for green hydrogen production in the Bay of Algeciras, the companies write in a joint statement.
The companies have agreed to study the joint production of green hydrogen of up to 1 GW in the framework of the Andalusian Green Hydrogen Valley.
Statement cites Cepsa CEO Maarten Wetsellar as saying that the partnership with EDP will provide sufficient electricity to produce green hydrogen on a competitive level.
”To accelerate the energy transition, it is necessary to seek partners and synergies that enable us to move forward in this process in an agile and competitive way,” he says.
”This agreement with Cepsa is an important step in EDP’s plans to convert its thermal power plant in Los Barrios,” says Miguel Stilwell d’Andrade, EDP CEO, in the statement.
The plant is one of many which EDP plans to transform into sites linked to green hydrogen, energy storage and an increased flexibility in the electricity system.
In other words, power plants are to be converted into more sustainable operations.
Additionally, the new partnership will be part of Cepsa’s 2030 Positive Motion strategy which not only focuses on the company’s position within global mitigation, but is dedicated to upping production of sustainable renewable hydrogen in order to propel green mobility in Spain and Portugal.
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