Monday, July 4

Endesa and Cepsa will launch the largest ultra-fast charging network for electric cars

Endesa and Cepsa They redouble their alliance to jointly promote a commitment to businesses linked to the energy transition. Both companies, which had already announced their union to build a green hydrogen project, are now joining forces to launch the largest network of ultra-fast charging for electric cars in Spain and Portugal.

The new ultra-fast recharging network that Cepsa will deploy on the road – of 150 kilowatt points located in all corridors and main communication routes – will join the development plans for recharging infrastructure that Endesa already has for this technology, which has with 75 ultra-fast charging points in 25 locations throughout Spain (in addition to the 2,800 fast and semi-fast charging points in cities and roads that the electricity company has). The ultra-fast ‘plugs’ allow users to recharge 80% of the battery of their electric vehicles in approximately 10 minutes.

The agreement was signed this Tuesday in Madrid by Philippe Boisseau, CEO of Cepsa, and José Bogas, CEO of Endesa, and Maarten Wetselaar was also present, who will be the new CEO of Cepsa as of January 1.

Cepsa and Endesa clients will be able to use all the public chargers of both companies through their respective digital platforms. That is, those of both groups will be fully interoperable charging networks and customers will be able to use all the public chargers of one or the other, choosing both the Cepsa and Endesa X apps.

“This alliance represents a relevant step not only for both companies, but it is also an important milestone for the energy transition in Spain and Portugal. For the first time, efforts are being joined in a decisive and transversal way to make the decarbonisation of transport possible ”, underlined Philippe Boisseau, CEO of Cepsa. “Collaborations between companies are essential to accelerate projects and be more useful for society. This is the essence of the agreement that we have just concluded with Cepsa ”, said the CEO of Endesa, José Bogas.

Green alliance

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With the new agreement, Endesa and Cepsa expand the green alliance that they had already undertaken to participate together in the green hydrogen revolution. Together with European funds from the Recovery Plan, both groups want to launch a large project that will allow Cepsa to feed its refineries and petrochemical plants in Huelva and Algeciras with green hydrogen to replace natural gas.

Cepsa is finalizing the presentation of a new strategic plan that will mean the conversion of the oil company into a multi-energy group that is committed to decarbonisation. The company claimed to have unveiled the new roadmap this fall, but ultimately postponed it until its new CEO takes office on January 1.

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