YCA will supply Cepsa with clean ammonia volumes, allowing the energy company to establish a clean hydrogen corridor and serve industrial and maritime customers in Rotterdam and Central Europe.
The alliance will accelerate the decarbonisation of European industry and maritime transport, constructing a safe, resilient, and cost-efficient supply chain for delivering clean ammonia to Cepsa’s customers.
The partnership will allow Cepsa to deliver the first clean hydrogen molecules to its customers by using YCA’s global supply base and logistical footprint, in turn allowing the energy company to market clean hydrogen and clean ammonia.
“This partnership will lay a solid foundation for industrial efforts to secure clean ammonia and hydrogen for several downstream applications in Europe while securing the clean transformation goals,” said Magnus Krogh Ankarstrand, President of YCA.
“Today’s agreements are a crucial step towards the long-term viability of the Andalusian Green Hydrogen Valley and the implementation of the first maritime corridor of sustainable fuels that will link the South with the North of Europe. The agreements announced today give our project crucial access to markets, customers and distribution infrastructure: three key elements to unlock the potential of our hydrogen valley. This is major news for the decarbonisation of European shipping and industry and for the planet,” commented Maarten Wetselaar, CEO of Cepsa,
This announcement aligns with the European Commission’s Fir for 55 package which includes ‘FuelEU Maritime’, a legislative initiative aiming to accelerate the demand for alternative fuels in maritime. It aims to reduce greenhouse gas emissions by 2% in 2025, 6% in 2030 and 75% in 2050, compared to 2020 levels.
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