Maersk and the Spanish government sign agreement to explore green fuels production

November 3, 2022 |

In Spain, global shipping firm Maersk and the Spanish government have signed a collaboration agreement to explore the opportunities for large-scale green fuels production in Spain.

The project aims to explore the feasibility on how to cover the full value chain from renewable energy sources to bunkering of vessels, Maersk said.

“We are living in a climate emergency, and we need to rapidly accelerate the availability of green future fuels. We are very pleased to explore green fuel opportunities with the Spanish Government, as the country holds key characteristics to help solve this challenge with its great hydrogen ambitions and aspiring sustainability goals. At the same time, Spain encompasses significant renewable resources and is placed along key shipping routes,” said Soren Skou, CEO of A.P. Moller – Maersk.

The parties are reviewing production opportunities in the Andalusia and Galicia regions. The project has an overall estimated potential to generate up to around 85.000 jobs including construction and temporary positions.

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Category: Fuels

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