- The energy company has been certified as a biomethane trader by the international certification program ISCC
- This initiative, led by Cepsa's Trading business, aims to reduce CO2 emissions for both the company’s other businesses and its industrial clients, while also promoting the circular economy
- In its first biomethane purchase operation in Spain, Cepsa acquired 25 GWh of renewable gas produced from waste at the Valdemingómez plant in Madrid, which it has used to decarbonize its Chemicals business
- Cepsa expects to manage a portfolio of 4 TWh of biomethane annually by 2030, equivalent to the energy needed to supply 650,000 households
Cepsa has been certified as a biomethane trader by ISCC, the international certification program for biomass and bioenergy production. The company has already begun its trading activities in this market, completing its first biomethane purchase in Spain. Specifically, Cepsa acquired 25 GWh of renewable gas produced from urban organic waste at the Valdemingómez plant in Madrid.
Formalized this summer, the transaction includes multiple deliveries scheduled through January 2025. This will enable Cepsa Química to replace natural gas with biomethane in its Spanish plants, leading to more sustainable production. Consumption of this biomethane is expected to reduce CO2 emissions by over 4,400 tons, equivalent to planting approximately 300,000 trees.
Cepsa’s Trading Director Alice Acuña said: “Our first biomethane purchase marks a significant step in our energy transition and decarbonization strategy. It promotes sustainable energy that can be used right away while also supporting the circular economy through the processing of organic waste.”
Over its lifecycle, biomethane can reduce CO2 emissions by more than 90% compared to natural gas. This second-generation (2G) biofuel is produced from biogas, which is generated through the natural anaerobic digestion of biodegradable organic waste from agricultural, livestock, domestic, and industrial sources. After undergoing a purification process known as upgrading, the biogas is transformed into biomethane. Because biomethane closely resembles natural gas, it can be stored or directly injected into existing gas infrastructure without requiring new facilities.
Cepsa aims to manage a project portfolio of 4 TWh of biomethane annually by 2030, equivalent to the natural gas consumption of 650,000 households. This initiative will significantly cut CO2 emissions from its energy and chemicals operations and will support green hydrogen production and sustainable mobility.
The company is committed to reducing its CO2 emissions (Scope 1 and 2) by 55% by 2030 compared to 2019 levels and to achieving carbon neutrality before 2050. Additionally, Cepsa plans to decrease the carbon intensity of the energy it sells by 15-20% by 2030. To achieve these goals, the company will use a range of energy vectors, with biomethane playing a central role.
