Published by Todd Bush on November 19, 2024
The two companies have signed a collaboration agreement to promote carbon footprint reduction projects through the development of a CO2 capture, transmission and storage logistics chain.
The CEO of Enagás, Arturo Gonzalo, and the CEO of Heidelberg Materials Hispania, Jesús Ortiz, have signed an agreement to jointly develop a decarbonisation project related to the capture, transmission, liquefaction, and subsequent permanent storage or use of CO2.
>> In Other News: New Hydrogen CEO Steve Hill and University of Houston Expert Discuss Hydrogen Adoption and Current State of Hydrogen Vehicles
Under the terms of the collaboration agreement, Heidelberg Materials will develop CO2 capture technologies at its facilities in northern Spain. Enagás, for its part, will study transmission, liquefaction, storage, and ship loading solutions at its regasification terminals.
Arturo Gonzalo, CEO of Enagás, emphasised, “This agreement will allow Enagás, together with an industrial benchmark such as Heidelberg Materials, to make progress in our joint commitment to reduce our carbon footprint and to play a relevant role in achieving the decarbonisation objectives of Spain and Europe.” He added, “The development of more effective technologies for sustainable CO2 management is key to successfully tackling the decarbonisation of non-emitting sectors.”
Jesús Ortiz, CEO of Heidelberg Materials Hispania, stated, “At Heidelberg Materials Hispania, we want to contribute to the transformation of the building materials sector in Spain, based on the know-how and global leadership of our group.”
He further highlighted, “We offer our customers sustainable products and solutions tailored to their needs and their own sustainability targets, including 100% carbon-free products, thanks to CO2 capture. I am confident that the path we are taking will be a reference and an incentive to move towards a sustainable construction model committed to carbon neutrality and the circular economy in Spain.”
Under the terms of the agreement, the two companies will develop a feasibility study, the technical design of the CO2 capture and transport infrastructure, quality specifications, and an economic study.
The reduction of CO2 emissions and their transmission is of growing interest. Enagás’ non-binding Call for Interest process, presented at the Second Hydrogen Day in January 2024, identified 37 companies interested in CO2 capture—representing 10.4 million tonnes per year (Mt/year)—and 53 companies interested in having infrastructure for its transmission and storage.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Pacifico Mexinol project, a 6,130 MT per day ultra-low carbon methanol production facility worth more than US$3.3b will be located near Topolobampo, Ahome, Sinaloa. Once operational in 2029, Pacif...
Microsoft Signs Deal to Remove 1.1 Million Tons of CO2 Through Waste-to-Energy Carbon Capture
Oslo-based power and heat provider Hafslund Celsio announced today a new carbon removal offtake agreement with Microsoft, with the tech giant purchasing more than 1 million tons of carbon credits o...
Bayou Bend Project Aims to Advance Carbon Dioxide Storage Along the US Gulf Coast
The joint venture is intended to help critical industries in the area lower the carbon intensity of their operations. Jay LeJeune likes a challenge. That’s why he signed up to be part of the Bayou...
Approval in Principle (AiP) for World's First LCO₂ / Methanol Carrier
Tokyo, June 30, 2025 - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Mitsui O.S.K. Lines, Ltd. (MOL) have acquired Approval in Principle (AiP)(Note1) fro...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.