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Cepsa plans to create 17,000 jobs and invest 5,000 million in Andalusia

Maarten Wetsler, CEO of Cepsa, presented the strategic lines of the plan during an informational meeting in Seville organized by…

By admin , in news , at May 25, 2022

Maarten Wetsler, CEO of Cepsa, presented the strategic lines of the plan during an informational meeting in Seville organized by the New Economy Forum this Wednesday, in which he highlighted the “strategic and historical” nature of this commitment.

Maarten Wetselaar, presented by Javier González de Lara, president of the Andalusian Employers’ Union, advanced that construction of “several” green hydrogen production plants would begin in the second half of 2023 and, as a result, create jobs. , which will increase to 17,000 between indirect and induced direct jobs (13,000) during the construction and operation of the useful life of these projects.

However, the major investment will take three years, which is when the company is ready to produce significant amounts of clean energy.

Cepsa, which is currently one of the main producers of hydrogen in Spain, will set up plants for the production of green hydrogen in its Andalusian industrial centers, which will allow it to lead the production of this energy in Spain and Portugal by 2030. 2GW capacity.

The new strategic plan for 2030 ‘Positive Motion’ estimates that 70 percent of the green hydrogen produced by the company will be used for the decarbonization of its customers: adjacent industries, road transport and maritime transport.

Regarding the possibility of the European being the next generation fund, he has indicated that public funds “always help”, although he has assured that this is not the most important thing: “Of course we are going to request assistance, But the important thing is to design the law well » to carry out the projects.

At this point, he has challenged the Spanish government and the Junta de Andalusia to address the issue and “do not wait for others to do so.”

Cepsa plans to create 17,000 jobs and invest 5,000 million in Andalusia

2022-05-25 10:55:29