CEPSA - Compañía Española de Petróleos SA

05/12/2023 | Press release | Archived content

Maarten Wetselaar at the World Hydrogen 2023 Summit Exhibition: 'Spain is the European country with the most advantages for producing green hydrogen'

Friday, May 12, 2023

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Global

Energy Transition

Clean Energies

Maarten Wetselaar, CEO of Cepsa, has participated in the World Hydrogen 2023 Summit & Exhibitionto position Spain as the European country with the best conditions to lead the production of green hydrogen.


Maarten Wetselaar, CEO of Cepsa:

"I have a great passion that I know is shared by all of you: hydrogen. We want hydrogen to win. The world needs hydrogen to win. We all know that the threat of climate change means only one thing: the world has to start using cleaner energy."

During his speech, Maarten Wetselaar highlighted Cepsa's commitment to hydrogen, with the Andalusian Green Hydrogen Valley, the largest hydrogen project presented to date in Europe. In addition to decarbonizing industry and heavy transport in Spain, the project will bring green hydrogen to northern Europe, thanks to the first green hydrogen corridorconnecting southern and northern Europe through the Port of Rotterdam and Cepsa's agreement with ACE Terminal.

Maarten Wetselaar, CEO of Cepsa:

"In terms of green hydrogen, Spain and the Iberian Peninsula in general now have a great opportunity. First, because we have a lot of green electrons. The Peninsula has huge solar, wind, biomass and hydroelectric resources, spread over a wide geographical area and connected by an ultra-modern, meshed grid. This means that we have the cheapest green hydrogen in the EU, the cheapest green ammonia and the cheapest green methanol. The second reason is that Spain already has enough domestic demand to get the industry going. And thirdly, Spain has port infrastructure for exports, as well as advanced supply plans to supply other EU countries. Just yesterday we announced our first purchasing agreement outside Spain, with GETEC, to supply green hydrogen to industrial customers in Europe. Because only by partnering with others can we become a leader in hydrogen"

World's largest event dedicated exclusively to hydrogen industry

More than 10,000 delegates from over 100 countries gathered from May 9 to 11 in the city of Rotterdam (The Netherlands) to participate in the World Hydrogen 2023 Summit & Exhibition, where the latest green hydrogen technologies and projects, a new key energy vector to decarbonize the planet, were discussed.

The World Hydrogen 2023 Summit & Exhibition is the world's leading platform dedicated exclusively to the advancement of the hydrogen industry, organized by the Sustainable Energy Council (SEC) in partnership with the City of Rotterdam, the Province of South Holland and the Port of Rotterdam.