This year, Spain’s largest integrated gas and electricity company, Gas Natural Fenosa, will majorly increase the number of its Compressed Natural Gas (CNG) supply station in Spain in order to meet increased demand in the coming years. As part of a plan to encourage the uptake of natural gas fuel, the company will invest EUR 18 million (USD 22.3 million) in opening gas refuelling stations this year.
The increase in the number of stations in 2018 is a further step as part of its partnership, which has been running for years, with the car manufacturer SEAT, now joined in Spain by the other brands owned by the German multinational: Volkswagen, Audi and Skoda.
Gas Natural Fenosa plans to open 50 supply points in the country, in a number of cities including Madrid, Barcelona, Bilbao, Valencia, Zaragoza, Seville, Málaga, Murcia, Alicante, Córdoba, Valladolid, Vigo, Gijón, La Coruña and Santander. The opening of these points will bring the total number of the company’s public CNG stations in Spain to 100.
The company is developing a plan to encourage mobility aimed at using natural gas as fuel as the best sustainable alternative, compared with petroleum-based fossil fuels. Over the course of the year, it intends to reinforce the structure already in place in Madrid and Barcelona, and open new stations in Spain’s major cities.
“We will speed up the opening of new service stations in order to reinforce this fuel’s availability in the market, in light of the demand for natural gas-driven vehicles”, as was pointed out by Daniel López Jordà, the Managing Director for Retail Energy Businesses at Gas Natural Fenosa. “There is currently no doubt that its cost savings per kilometre travelled are hugely competitive, being up to 50% cheaper than petrol, and 30% cheaper than diesel, which is leading consumers to choose this type of fuel”, he added.
Over the past year, sales of natural gas-driven vehicles and lorries have increased by 50%, thereby underpinning use of this fuel in Spain. Vehicular natural gas as an automotive fuel contributes to improving air quality, resulting from its particularly low emissions. Vehicles that use this fuel bear the ECO label by the Spanish Directorate-General of Traffic (DGT), and enjoy benefits including freedom of access to city centres at times when air pollution levels are high, as well as tax incentives and tax credits in regulated parking areas.
Commitment to SEAT
Gas Natural Fenosa’s commitment to station growth is based on the SEAT partnership agreement, which was renewed in 2017. The agreement set out to promote vehicular natural gas through innovation projects, expansion of infrastructure and joint commercial promotion of vehicles and fuel.
“A whole host of synergies and opportunities are emerging from this important agreement. Not surprisingly, we are combining Gas Natural Fenosa’s strategies and resources with SEAT and the Volkswagen Group in Spain in order to continue to promote the use of a fuel that is a real alternative for achieving sustainable mobility”, explained Daniel López Jordà.
Source: Gas Natural Fenosa