Cepsa and Kira Ventures have partnered to develop up to 15 biomethane plants in Spain by 2030, aiming to decarbonize industrial operations and promote circular economy principles.

Target Information

Cepsa has entered into a partnership with Kira Ventures to establish up to 15 biomethane production plants in Spain over the next decade. The first facilities are anticipated to be operational between 2025 and 2026, with a focus on utilizing agricultural and livestock waste, such as manure, to generate this renewable energy source. Cepsa aims to manage a portfolio delivering 4 TWh of biomethane annually by 2030. This is equivalent to the energy consumption needs of approximately 650,000 households, representing a significant shift towards decarbonization by replacing natural gas usage in the company's energy parks and chemical plants.

The move towards biomethane is part of Cepsa's broader strategy to integrate sustainable practices, promoting circular economy principles by reusing an estimated 10 million tons of waste per year and reducing carbon emissions by approximately 728,000 tons annually. This effort aligns with Spain's growing commitment to renewable energy sources and contributes to overall environmental sustainability.

Industry Overview in Spain

The biomethane sector in Spain is poised for expansion, as the country has made significant strides in renewable energy initiatives. With the REPowerEU initiative supporting reduced reliance on fossil fuels and enhanced energy independ