Communicator

LA ROBLA GREEN project site that will include a carbon-negative green biomass energy generation plant and an e-methanol plant produced by combining CO₂ extracted from the Roblum biomass power plant with green hydrogen.


#spain  #larobla  #reolum  #greenhydrogen  #emethanol  #biomassenergy  #co2extraction  #sustainability 

The description of the Repsol Tarragona refining and petrochemical site has been updated with all details about existing plants and units. This now needs to be converted into a mass balance model of the site.

#repsol  #tarragona  #spain  #refinery  #petrochemicals .

Dow Tarragona North has been created  and the cracker plant has been  added as well as ethylene and propylene production.


#dow  #spain  #iberica  #steamcracker  #linde  #ethylene  #propylene 

Dow Chemical Ibérica S.L. has been added.

#dowchemical #spain  #iberica 

Francesco Sassi, 21 Oct 2024, eklipX Research

Spanish energy giant Repsol is freezing the development of all major hydrogen assets in the country, says the company.
After international companies cancelled their plans to export hydrogen from Norway to Germany, this is another alarming sign for the industry in the E.U.
According to Repsol, the world-renowned Oil & Gas Spanish giant, has halted all developments of green hydrogen projects in Spain with a large electrolysis capacity, namely over 350 MW. The company says that the existing regulations in Spain are at the root of this decision.
From Repsol's perspective, the current political discussion about possible windfall taxes on energy companies and banks to be confirmed in the long term makes these investments simply too risky.  Spain is one of the few E.U. countries to still apply a windfall profit tax to fund relief measures for consumers. In 2023, the levy granted Madrid additional €2.9 billion going into the State's coffers.
At the end of 2023, the same government extended the measure for 12 months, allowing companies to partially offset the levy on renewable energy projects. Now, the tensions between the State & Market stakeholders are rising due to the proposal of extending the windfall tax in the future.
Thus, we should understand Repsol's decision in the contexts of growing, domestic political frictions, and the instability of the hydrogen market in the E.U.

#oilandgas  #crudeoil  #naturalgas  #hydrogen  #greenhydrogen  #electrolysis  #repsol  #spain  #eu  #pipeline 

Ships arriving at the port of Barcelona in Spain are experiencing delays of 10-15 days as they navigate around Africa to avoid potential attacks in the Red Sea. This delay impacts various products, including liquefied natural gas.

While delays in the western Mediterranean are shorter due to proximity to the Afrikaans bypass route, Barcelona, being one of Spain's major LNG terminals, is significantly affected.

Despite security concerns, many gas carriers continue to use the Suez Canal route. However, QatarEnergy, the world's second-largest LNG exporter, has ceased sending tankers through the Red Sea, citing safety reasons.

#Spain