Euskadi will boost a renewable fuel hub with 250 million euros and 1,200 jobs in three years
It is one of the transformative projects of the Industrial Plan and will be led by Petronor, which will bring together a total of 51 companies, 23 of them small and medium-sized enterprises.
Euskadi will promote a renewable fuel hub led by Petronor. The project will mobilize an initial investment of 250 million euros over the next three years and will allow the creation of 1,200 jobs, both direct and indirect, presented this Thursday at the Energy Intelligence Center in Abanto (Bizkaia) and supported by the Basque Government, the Provincial Council of Bizkaia and the Basque Energy Cluster.
The initiative will be one of the transformative projects of the Basque Industrial Plan 2030, which will involve 51 companies, 23 of them small and medium-sized enterprises, and four technology centres of the Basque Network for Science, Technology and Innovation.
The new hub aims to place the Basque Country at the forefront of Europe in the industrial and technological development of renewable fuels, taking advantage of existing scientific and industrial capabilities and promoting technologies linked to synthetic fuels, advanced biofuels, CO2 and renewable hydrogen.
Of the EUR 250 million planned, EUR 85 million will be earmarked for R & D activities and technological development. In terms of employment, provision is made for the creation of 300 highly qualified direct jobs, as well as 900 indirect jobs linked to industrial and technological activities.
In addition to the new projects, the hub will include initiatives already under way, including the synthetic fuel plant that Petronor is building at the Port of Bilbao, which is scheduled to be launched in 2027 and will be the first in Europe.
The Basque Government's Industry Advisor, Mikel Jauregi, has stated that the project is "the best example of the union between science, technology and industry" and has ensured that it will be a reference in Europe, and has recalled that it is linked to another strategic project of the Basque industrial plan, the development of new aeronautical engines led by ITP Aero.
You might like
Volkswagen will cut 50,000 more jobs, half in Germany and the rest in Europe
The Volkswagen group is in crisis due to strong competition from Chinese manufacturers in Europe, declining sales in China and tariffs in the United States.
France announces aid to farmers affected by drought
Farmers' representatives will meet next week with the French Ministry of Agriculture to convey their demands. The effects of drought and heat are being felt economically, but also physically and mentally.
A worker died in an accident at a winery in Lanciego
The incident took place around 12:20 p.m. and the circumstances of the incident are being investigated. Emergency services have been moved to the scene, but the operator's life has not been saved.
A new tax on fast and cheap clothing is introduced in France
Asian giants like Shein or Temu will now have to pay penalty rates of between 50 cents and 12 euros per garment.
The diesel discount goes up to 20 cents per litre, and the gasoline discount goes down to 5 cents
The tax rebate on diesel has doubled since today, while petrol has halved.
The Basque Government will meet again this Tuesday with farmers to assess the impact of the drought
Agricultural associations and trade unions, among others, want the ACV to be declared a drought zone and special measures to be taken. The meeting will take place at 4 p.m. at the headquarters of the Basque Government in Vitoria-Gasteiz.
Trade unions and employers sign the first agreement on nursing homes in Navarre
After more than five years of negotiations, trade unions and employers have signed the agreement today, which will involve more than 5,000 workers.
The electricity bill has risen 19% in August, reaching its highest level since 2022
Rising demand in heat waves and rising natural gas prices will make an average user's receipt about EUR 14 more expensive.
The 20 cent diesel rebate will come into effect on Tuesday
The measure, which has so far been reduced by 10 cents per litre, aims to combat fuel prices by 15.7% in July.
The September hill this year will be one of the hardest in years
With the return to work, the families of the Basque Country face another reality, which is that this year's September hill will be one of the hardest in recent years, as evidenced by inflation at 4.3%, a figure not seen since February 2023.