The EU and The Global Battery Industry
Eu Legislation Backdrop
Europe has adopted the Energy Union Framework Strategy (COM (2015) 80 final) as part of its commitment to bring about the transition to a low-carbon, secure and competitive economy. The Energy Union Strategy is structured around five closely interrelated and mutually reinforcing dimensions addressing (i) energy supply security, (ii) a fully integrated energy market, (iii) energy efficiency, (iv) decarbonizing the economy and (v) research, innovation and competitiveness.
Energy Security
Refinasol is conscious of its responsibilities towards producing zero carbon products. Many of the major players within the battery supply chain produce their products on the back of high energy demand met by dirty, coal-fired energy supply that contradicts the very raison d’etre of the global battery initiative.
Refinasol has an abundance of green energy supply in the form of Solar and Wind Power production in the nearby Teruel region.
Refinasol has further planned a dedicated, wholly owned, 30 MWp solar plant to support its Teruel operation.
Circular Economy
The Circular Economy is central to the Refinasol business model and corporate philosophy.
The versatility and scalability of its upstream refinery assets, place Refinasol as one of the critical players in enabling circularity within the Automotive sector supply chain.
Industry Advisory
Refinasol plays an active role as strategic advisor to public and private bodies alike seeking to help facilitate the efficient growth and development of what is fast becoming one the world’s cornerstone industries.
