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Energy and Carbon Plan:
A commitment to efficiency

 
Repsol will reduce its CO2 emissions by 13% during the 2014-2020 period.

With its new Energy and Carbon Plan, Repsol will reduce its CO2 emissions by 13% during the 2014-2020 period. Repsol's Refining and Chemicals businesses are the main driving forces behind efficiency, although, with the acquisition of Talisman, the Upstream area will gain importance. Repsol is significantly reducing emissions and energy costs with the support of the entire company.

The goal of the 2014-2020 plan, "is environmental, but it also seeks to reduce energy consumption, which at the refineries represents more than 60% of the total operating cost," explains Antonio López Rodríguez, Repsol's Energy Analysis Manager. "Everything we improve increases the competitiveness of our facilities."

Repsol, which last year emitted 13.8 million tons of equivalent CO2 worldwide, has set a company-wide goal of reducing emissions by 1.9 million tons, building upon the 3.1 million ton reduction made with the 2006-2013 plan. This commitment is included in the company's Corporate Responsibility Report (CRR) and is also published in external reports, such as the Carbon Disclosure Project (CDP).

The plan was prepared with "a touch of ambition in order to achieve the magical number in the EU's 2020 policies," which set a goal of achieving 20% fewer emissions than in 1990 and sets a pace for reduction "which is in line with the leading companies in the oil and gas sector.”



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Refining and Chemicals, the driving forces


In this energy efficiency strategy, which applies to all businesses, most of the actions fall to the areas of Refining and Chemicals which make up more than 80% of the company's total emissions, followed by Upstream (Exploration and Production) with 14%. The fact that the Commercial and Corporate areas total less than 1% of Repsol's energy consumption demonstrates the company's industrial nature.

At the refineries and chemical plants, the primary savings will come from energy efficiency actions such as the replacement of the current equipment with more efficient equipment: "these industrial installations were designed to generate and consume steam in order to feed the processes and we are now replacing them with electric systems." Energy integration between units is also being promoted in order to reduce consumption through heat recovery and it will optimize the cleaning of equipment.

Repsol already adopted measures in its previous plan which had a significant impact on emission reductions such as, for example, changing fuel (from fuel oil to natural gas) and reducing flare gases at all of its refineries. "We now recover and use that gas. That is why in the new strategy we talk about energy conservation which increases energy efficiency; doing the same while consuming less by reusing energy."

 
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More assets operated in Upstream


With the incorporation of Talisman, the production operated by Repsol will increase from 21% to 44% and the need to improve the efficiency of the Upstream business will gain momentum. Oil and gas companies only calculate the emissions from the assets they operate "because the company who leads the projects establishes the criteria. In Repsol's case, all of the assets which we operate are included in the Energy and Carbon Plan."

In the Exploration and Production of hydrocarbons, the actions also make the large energy consuming equipment such as pumps, turbines and compressors, more efficient "but it is more difficult to find opportunities than in Refining and Chemicals because there are fewer processes involved and less energy is consumed."

The improvements to the operation of assets are also a source of savings. Repsol's experts have developed a methodology to perform energy audits in Upstream projects "which clearly show the close relationship between energy production and how reducing energy consumption is usually associated with improvements in production."

However, the main goals in this business are focused on reducing flaring and methane emissions. The sector's leading companies are already setting goals of zero routine flaring by 2030 and the fugitive methane gas emissions, associated above all with natural gas extraction, "can be controlled through proper energy management of the assets and by periodically reviewing the facilities."

In the commercial area, the larger sized businesses, LPG and Service Stations, are fully involved in this plan, as are the company's three emblematic buildings: Campus, the Repsol Technology Center and the headquarters which houses the Information Systems in Tres Cantos (Madrid). At service stations, "where our image is most in touch with society," we will continue to install building automation systems and shift to LED lighting, which saves up to 80% in electricity consumption.



A job for the entire company


The installation of energy management systems with a methodology and certain common criteria in all facilities "has been key in creating a corporate culture which helps to save." Repsol was a pioneer in applying ISO 50001, the most widely accepted international standard for standardizing these management systems. The A Coruña refinery was the first in the world to be certified under this standard and today, all of the company's refineries and chemical plants are certified except for Bilbao and Sines which are in the midst of completing the process.

More information...
         

Dirección de Comunicación
prensa@repsol.com

Campus Repsol · C/ Méndez Álvaro, 44
28045. Madrid · Tlf: 917538787 - 917537189