Repsol Board of Directors has cleared an investment worth €800 million for the Ecoplant. It is the company’s next-generation plant setup in Tarragona, Spain. Ecoplant will transform municipal waste into renewable fuels and circular products. It marks a crucial milestone for CO2 reduction in transport and forward for a circular economy.
Enerkem, Repsol’s partner has developed advanced gasification technology to transform, in this case, what otherwise would end up either in a landfill or as waste in a garbage burner into commodities of value. The plant will process 400,000 tons of waste a year, with 240,000 tons being renewable fuels and circular products. Organic waste will be transformed into renewable methanol, whereas non-recyclable plastics and other non-organic waste will become circular products.
Economic and Job Creation Impact
The Ecoplant, set to start operations in 2029, will create 340 direct, indirect, and induced jobs, plus 2,800 during construction. Repsol will integrate the Ecoplant into its Tarragona complex, optimizing infrastructure and accelerating the area’s shift to a multi-energy hub. This move supports Repsol’s commitment to preserving industrial jobs in Spain and generating local economic growth.
The European Union has selected the Ecoplant for funding from its Innovation Fund program. The project was selected from more than 300 submissions. High potential to reduce emissions and innovation were key factors in the selection of the project. According to the European Commission, the Ecoplant will cut the equivalent of 3.4 million tons of CO2 in greenhouse gas emissions during its first decade of operation.
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Supporting the Decarbonization of Transport
This will further decarbonize maritime transport as well as road transport with renewable methanol from the Ecoplant. It aligns with the EU’s ambitions of reducing maritime fuel carbon intensity by 40% by 2030 and 75% by 2050. Renewable methanol and renewable diesel from Repsol is available now, while other alternative technologies such as renewable hydrogen and ammonia will take more investment and infrastructure and time to be deployed.
Renewable methanol will further energize road transport to provide renewable gasoline, diesel, and SAF. It is a chemical which has versatility, therefore having it in automotive and construction all the way up to healthcare, food, and electronics sectors will give value for use of resources in all cases.
Repsol aims to be the leader in renewable fuel production in the Iberian Peninsula, targeting 1.5–1.7 million tons annually by 2027. The company will produce renewable hydrogen and biomethane and circular products, such as 105,000 tons annually by 2027, increasing it to 200,000 tons in 2030. The company is also considering replicating the Ecoplant’s waste valorization model globally for sustainable growth.