Exolum’s future lies in new energies

Exolum’s CEO, Jorge Lanza, recently addressed the evolution of the business and the new challenges faced in the current energy transition. The company will continue its traditional business of hydrocarbon transport and storage in an efficient and sustainable manner, ensuring that society has access to fuels, while progressing towards the diversification and expansion of logistics services for other products. This will enable the company to leverage its capabilities and guarantee business sustainability.

To support this diversification, a dedicated division, promoting innovation and entrepreneurship within the company under the name of Exolum Ventures, cooperates with other entrepreneurs or start-ups that can contribute to faster and better innovation.
Exolum has submitted a portfolio of renewable hydrogen-based projects to the call for expressions of interest launched by the Ministry for Ecological Transition and Demographic Challenge and the Ministry of Industry. This portfolio of projects has associated investments reaching over 500 million euros and includes different projects to be developed on the Iberian Peninsula, the Balearic Islands and the Canary Islands.
Exolum focuses on integrating solutions throughout the value chain for the production, transport, storage and distribution of green hydrogen. One of the most ambitious projects is the development of hydrogen corridors that cover the whole Iberian Peninsula, thus allowing the new energy vector to have a uniform penetration. The company is also developing alliances throughout the hydrogen value chain that enable the development of new technologies.
The circular economy
Exolum is looking to use its excellent location and its extensive experience in the hydrocarbon sector to develop projects relating to water and waste treatment. One such project is the building of a waste recycling plant in the port of Algeciras which will make it possible to transform wastewater into fuel for ships.
Exolum manages infrastructures in Spain that are fully adapted to biofuel storage and distribution and cooperates with the oil sector in the development and promotion of 2nd generation advanced biofuels.
Sustainable aviation fuel (SAF)
Exolum’s AVIKOR platform offers both individuals and companies flying from Spain the chance to do so more sustainably by enabling them to reduce the emissions from their flights by using sustainable aviation fuel.
Exolum has signed the UN Global Compact committing to making a contribution to compliance with the Sustainable Development Goals established by the UN in 2015 and has a sustainability strategy that aims to reduce its CO2 emissions by 50% in 2025 and to become a zero-emissions company in 2050.