- The objective of the joint study is to generate raw materials that can be converted into biofuels and sustainable chemical products at Cepsa's Energy Parks
- Thanks to the use of microalgae, this type of biofuel allows a 90% reduction in CO2 emissions compared to traditional fuels, from a renewable product that does not compete with water resources or food
- The Canary Islands ensure a stable temperature throughout the year and a high availability of solar radiation, which makes them an optimal place for the cultivation of microalgae
- Cepsa reinforces its commitment to research, development and innovation (R&D&I) as a lever for its 2030 strategy, Positive Motion, to be a leader in the production of biofuels and green hydrogen in Spain and Portugal
This project is an example of open innovation, in which ITC will be in charge of cultivating these microalgae in water from industrial processes, and a joint team from both companies will carry out the hydrothermal liquefaction (HTL) process on the crop to valorize the biomass. The HTL reactor, designed by Cepsa, will be used to obtain the raw material to be evaluated in the energy company's pilot plants.
The cultivation of these microalgae, native to the Canary Islands, will be developed in the archipelago, which has a stable temperature throughout the year and a high availability of solar radiation, making it an optimal place for cultivation.
The initiative will boost the circular economy and will use raw materials of renewable origin, which do not compete with water resources or food. In this sense, fresh water from the secondary treatment of a wastewater treatment plant is used, as well as brine from a desalination plant. The use of these biofuels from microalgae can reduce CO2 emissions by up to 90% compared to the use of traditional fuels. Specifically, with the production of one hectare of microalgae cultivation, 72 tons of CO2 are reduced per year, which is equivalent to the CO2 absorbed annually by 3,000 trees.
This initiative takes into account sustainability and efficiency criteria at all levels of the process, and these raw materials are characterized by their high CO2 capture capacity, rapid growth and high energy potential.
Rafael Larraz, Cepsa's R&D director, expressed the company's satisfaction at reaching such an agreement: