Cepsa's Biofuel Strategy: Securing Feedstocks, Exploring Options
Spanish energy giant eyes lignocellulosic matter to meet ambitious 2030 targets
Cepsa's Ambitious Biofuel Goals
Spanish energy company Cepsa has made significant headway in securing feedstocks to achieve its goal of producing 2.5 million mt/year of biofuels by 2030. They've already secured 50-60% of the necessary supply. This highlights both Cepsa's commitment to the biofuel sector and the intense competition for limited feedstocks.
Concise Summary
Cepsa has secured over half the feedstock needed to meet its 2030 biofuel production targets (2.5 million mt/year, including 800,000 mt/year SAF).
The company is considering lignocellulosic matter to fill the supply gap.
High green hydrogen costs pose challenges for e-fuel production ambitions.
Cepsa welcomes EU regulatory moves but highlights the need for rigorous traceability standards.
Detailed Read
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