Repsol announced Thursday it will produce biometano near its refineries to supply an electrolytic cell in Madrid. According to Repsol’s Deputy Managing Director, they could increase investment if regulatory and tax framework changes are introduced.
Inversiones en combustibles renovables
Renewable energies represent a global revolution in global energy supply, offering clean and sustainable sources of power to meet growing global energy demands. Renewable sources include solar, hydroelectricity, geothermy and biomass; emission rates from these sources are far lower than fossil fuel combustion sources such as fossil combustibles. Government agencies and governmental financing agencies such as Oikocredit offer incentives and subventions for investing in renewable energies while international cooperative financial organisations like Fondo Verde for Climate Action or Oikocredit also specialize in financing renewable projects in developing areas around the globe.
Science has demonstrated that in order to mitigate the most devastating impacts of climate change, emissions must be cut back until reaching a net zero globally by 2050. To accomplish this feat, renewable energies and sustainable charging technologies must be invested in. Furthermore, responsible climate and environmental policies encourage greater investment into fuel alternatives to fossil fuels, as well as foster renewable electricity service growth.
Inversiones en combustibles biometano
Construction of biomethane plants involves making significant investments in physical infrastructure, monitoring technology and control technology. Investments should be planned carefully so as to ensure sustainable production capacity that remains commercially viable over time; and it is crucial that an optimal location be chosen for installation.
Repsol unveiled to analysts their new strategic update of their business, emphasizing «investing in a renewable future» as the primary goal. This investment includes progress on medium level advance tasks as well as Naturgy y Reganosa’s construction project of 10 biometano plants to supply future large electrolyzer at Coruna refinery.
Target Goal: In 2027, aim at realizing a renewable biometano capacity with hydrogen and biocombustibles of between 1.33-1.55 Terawatt Hour (TWh). Iberico Region and Other Attractive Passages such as United States.
Repsol is currently collaborating with Enerkem and ICN to produce biometano that will be reused to power heavy trucks, tractors and buses, while simultaneously reducing greenhouse gas emissions while making a significant positive contribution towards energy and environmental sustainability. Furthermore, this project requires an investment of EUR800 Millions.
Inversiones en combustibles hidrogeno
Hydrogen green works like natural gas in that it acts as a combustible, yet when burned it does not emit pollutant gases. Hydrogen green can be used to meet commercial, transportation and industrial needs without producing toxic emissions when burned; additionally it may be used to produce water vapor to feed hydronic equipment and can even be added to multiple industrial streams for producing products like petroleum chemicals, electricity, iron ore, steel sheeting, glass fiber reinforced plastic and cement production.
Repsol has recently initiated several renewable hydrogen projects for Spain. These works include an industrial electrolizador in Madrid as well as an interoceanic Tehuantepec Corridor complex being constructed. Antonio Brufau, President of Repsol stated that such investments require patience as each project must satisfy legal and fiscal regulations before becoming real.
Nueva York’s Climate Crisis Strategy leads the nation in efforts to reduce emissions of greenhouse gases and transition toward a green economy across all sectors, create rewarding employment and assist vulnerable communities. «Investments must take place within an attractive financial and environmental framework if they are going to work», according to New York Department of Conservation of the Environment Commissioner a d’Honore during his presentation at an Hydrogen Conference held by Fundacion Repsol y Tecnun de la Universidad de Navarra Foundation & Technun Universitat Navarra Fundacion
Inversiones en combustibles en carbono
Repsol plans to achieve renewable fuel production of between 1.5-1.33 trillion hours per day on the Iberian Peninsula by 2027. Furthermore, they are exploring opportunities for developing carbon-light industrial initiatives in other attractive markets, including the United States.
Many investors today have questions on how they can invest in companies that contribute directly and measurable to accelerating the shift toward a low carbon economy in accordance with the Paris Climate Accord’s goals. Particularly, investmentists learn that sectors with intensive carbon emissions like transport and energy should invest in climate solutions.
Renewable portfolios don’t automatically trigger future divestment; rather, more and more investors consider the environmental impacts associated with global economic integration into sustainable societies when making investment decisions. The campaign has enjoyed wide support on campus as shown by multiple referenda results of both students and postgrad student council pledging support for fossil fuel divestment totalling in 2014; moreover in April of 2014 and 2018 the Senado de postgrado de Stanford approved resolutions mandating their removal, necessitating financial backing so implementation can begin immediately.