The Andalusian Green Hydrogen Valley, led by Cepsa with projects in Palos de la Frontera (Huelva) and San Roque (Cádiz), is among the latest members of the World Economic Forum’s initiative “Transitioning Industrial Clusters towards Net Zero”, announced today at the Forum’s Annual Meeting in Davos. The global initiative aims to connect 100 industrial clusters across the world to reduce 1.6 million metric tonnes of CO2 emissions, retain and create 18 million jobs and contribute $2.5 trillion to global GDP.The Andalusian Green Hydrogen Valley aims to decarbonise local industry and transport thanks to the region’s abundant low-cost renewable energy –essential for producing competitive green hydrogen– and solid electricity grid. The region also boasts excellent options for the use and transport of clean energy by road, rail, air and sea. By joining the World Economic Forum’s clusters initiative, the project by Cepsa and its partners will benefit from the knowledge and best practices of other members. The creation of clusters facilitates public-private and cross-industry partnerships for industries in the same general location to join efforts on decarbonization by shar¡ng risk, infrastructure and natural resources.There were nine new industrial clusters from Europe, the United States and Asia announced at the 2023 Annual Meeting, bringing the current total to 17.
The Andalusian Green Hydrogen Valley, led by Cepsa with projects in Palos de la Frontera (Huelva) and San Roque (Cádiz), is among the latest members of the World Economic Forum’s initiative “Transitioning Industrial Clusters towards Net Zero”, announced today at the Forum’s Annual Meeting in Davos. The global initiative aims to connect 100 industrial clusters across the world to reduce 1.6 million metric tonnes of CO2 emissions, retain and create 18 million jobs and contribute $2.5 trillion to global GDP.The Andalusian Green Hydrogen Valley aims to decarbonise local industry and transport thanks to the region’s abundant low-cost renewable energy –essential for producing competitive green hydrogen– and solid electricity grid. The region also boasts excellent options for the use and transport of clean energy by road, rail, air and sea. By joining the World Economic Forum’s clusters initiative, the project by Cepsa and its partners will benefit from the knowledge and best practices of other members. The creation of clusters facilitates public-private and cross-industry partnerships for industries in the same general location to join efforts on decarbonization by shar¡ng risk, infrastructure and natural resources.There were nine new industrial clusters from Europe, the United States and Asia announced at the 2023 Annual Meeting, bringing the current total to 17.
