100 renewable, 100% efficient. For over 15 years we have sold our electric energy from renewable energy plants to be used at our plants and by regular consumers.
At our main industrial centers we have cogeneration electricity and steam plants, fueled by natural gas from our gas distributor. The energy that we produce is sold on the wholesale market, along with production from other energy providers be it solar, thermosolar, hydroelectric, wind cogeneration, and combined cycle.
(Subtitled) Despacho Eléctrico Cepsa Gas y Electricidad CGE
ELECTRICITY HUB
At our Electricity Hub we receive information on energy in real time and we adjust production to meet the needs of system operator (REE). This office operates 24 hours a day and we operate across all markets through buy/sell offers to adjust demand to the second.
CO2 EMISSIONS MARKET
We have access to the regulated CO2 emissions market and have our own portfolios of European Emissions Allowances (EUA), Certified Emissions Reductions (CER), and European Aviation Emissions Allowances (EUAAs). This allows us to meet both the spot and long-term needs of our customers and offer them high quality products.
WHAT MAKES US DIFFERENT
WE GROW IN A SUSTAINABLE WAY
We have cogeneration and cyclo-generation electricity plants at our main refineries and industrial plants. This technology has allowed us to increase energy efficiency and reduce our CO2 emissions by thousands of tons.
We are committed to providing the most up-to-date and precise information on our installations and energy consumption, as established in the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT). We are also certified by Spain’s financial and markets regulator the CNMV as a provider of renewable energy.
