CROATIAN CENTER of RENEWABLE ENERGY SOURCES
Abengoa (MCE: ABG) is an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, generating energy from the sun, producing biofuels, desalinating sea water and recycling industrial waste.
Engineering and construction:
Engineering and construction includes our traditional engineering activity in the energy and water sectors, with more than 70 years of experience in the market. We specialize in carrying out complex turn-key projects for solar-thermal plants, solar-gas hybrid plants, conventional generation plants, transmission lines, water infrastructures (such as large-scale desalination plants), biofuel plants and critical control systems for infrastructures, among others.
We have an extensive and young portfolio of proprietary concession assets that generate revenues that are governed by long term sales agreements with formats such as take-or-pay contracts, tariff contracts or power purchase agreements (PPAs). This activity includes the operation of solar plants, transmission lines, co-generation plants and desalination plants. These assets generate no demand risk and we focus on operating them as efficiently as possible.
This activity incorporates our businesses with commodity risk, such as biofuels or recycling steel dusts and salt slags. The company has an important leadership position in the geographical markets in which it operates, with proprietary assets.
Growth model is based on technological leadership: R&D+i enables us to create value through our products and processes, or to improve existing ones, giving us a competitive advantage.
R&D at Abengoa is results-based and aligned with the strategy: Abengoa develops its different R&D programs and projects based on its vision.
Abengoa specialises in two high-growth sectors – energy and environment – in which it is an international leader.
The growing international demand for energy means it is important to come up with new solutions in this field, prioritizing those that use clean and inexhaustible sources. Abengoa creates facilities that convert energy from renewable sources into electricity and biofuels, and constructs transmission lines that support electricity networks.
The growth of the population, improved living conditions in developing countries and climate change are putting pressure on resources. We produce drinking water from sea water and waste water; we recycle aluminium and zinc, preventing their primary extraction; and we manage industrial waste in order to recover materials and to minimize their environmental impact.
Abengoa carries out its engineering, infrastructure concessions and industrial production activities in both sectors.
- 3.195ML/year of biofuels production capacity
- 2,5Mt/year of waste recycling capacity
- 925ML/day* of water desalination capacity
- 930MW*installed solar-thermal power
(*operation + under construction)
Solar-thermal technology allows electricity to be generated in a manageable way while also offering huge possibilities for cost reductions in the near future.
Engineering and construction:We design and construct electricity generation plants that use concentrating solar power (CSP) technology, with three formats: tower, parabolic-trough and solar-combined cycle hybrid, with an accumulated experience of more than 651 MW.
We were the first to launch a concentrating solar power (CSP) plant using tower technology on a commercial scale (PS10) and we were the first to construct an integrated solar combined cycle plant (ISCC), which is located in Morocco.
At the end of 2010 we began construction on the largest solar-thermal plant in the world, in Arizona, United States, with a gross capacity of 280 MW.
Concession type infrastructures:Our solar plants operate under a pricing system that is regulated and guaranteed by the governments of each country, (feed-in tariff) or through bilateral power purchase agreements (PPA) with electricity companies. In both cases we assume no demand risk as we can transfer and sell all of the electricity produced to the network.
We have 181 MW of power in operation in Spain with five plants, and a series of assets under construction in Spain, the United States and other countries, which will give us approximately 1,500 MW in operation by 2014. We also have an extensive portfolio of projects under development, distributed around the world in countries where there is sufficient solar energy and the regulatory framework for this new technology is in its early stages. These figures underline our position as international leaders in the production of electricity using concentrating solar power (CSP) technology.
We convert biomass into liquid fuel using chemical, thermal or biological processes, as a renewable alternative to using fossil fuels in transport. Abengoa is one of the world’s leading companies for producing first-generation biofuels while also developing the next generation.
Numerous studies have confirmed that the use of biofuels is the most efficient existing solution for reducing CO2 emissions in the transport sector. This is underscored by regulations in Europe and the United States, which are gradually requiring higher proportions to be mixed with gasoline and diesel. Biofuels are also an indigenous form of energy that promotes rural development. But the future is more promising still. Second generation biofuels, which are capable of transforming cellulose biomass into bioethanol and do not come into conflict with food crops, are almost a reality thanks to the technological development carried out by companies like Abengoa.
Engineering and construction:
We carry out turn-key projects for bioethanol and biodiesel production plants using different types of biomass and have installed more than 2.5 billion litres of capacity in the last few years.
In 2010 we completed three bioethanol plants: two in the United States and one in Europe (Rotterdam), with the latter being the largest on the continent.
In 2011 we plan to start construction on a second generation commercial-scale bioethanol plant in the United States, which will the first plant of its kind.
We are the European leader for bioethanol production and one of the major players in the United States. With operations also in Brazil, we are the only company in the sector with a presence in the three major markets. Advanced management processes in this activity, from the acquisition of raw materials through to the sale of the ethanol and its by-products (mainly animal feed), have provided Abengoa with stable results that are far removed from the historic volatility of this sector.
We currently have an annual production of 3.1 billion litres distributed across 15 plants in a near future our asset base will be expanding soon with second generation plants.
Abengoa secures biomass supply for 25MW ethanol project
In Kansas, Abengoa is reporting that they are on schedule to secure 100 percent of the biomass raw material for its Hugoton, Kansas, cellulosic ethanol plant. The company has signed contracts with several local biomass producers, and is currently in talks with others, to obtain the required annual supply of 315,000 tons of cellulosic biomass by the end of 2011.
Upon start-up, the facility, scheduled to be commissioned in 2013, will convert about 315,000 dry tons per year of crop residue and cellulosic energy crops to 25 million gallons of ethanol, while also generating 25 megawatts (MW) of electrical power, enough to power the ethanol conversion process.
Abengoa reports that they took several steps to ensure their biomass supplies, including looking at economical transportation distance to the facility, that the supplies would be available normal fluctuations of weather and different growing conditions, life cycle sustainability, and working with suppliers to make sure that the harvest would meet expecations of both the producers and Abengoa.
Abengoa also reports that they will start biomass in the fall of 2011 and will continue in the summer and fall of 2012. Construction of the Hugoton, Kansas, plant is planned to start this summer and full commercial operation is expected in the first half of 2013.
This facility will be Abengoa’s first second-generation facility and seventh bioethanol facility in the U.S., bringing the company’s total biofuel production in the country to more than 400 million gallons.
If you wish to receive further information, please contact us:
+34 954 93 70 00
Patricia Malo de Molina Director of Communication
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CROATIAN CENTER of RENEWABLE ENERGY SOURCES (CCRES)