Collaborative economy
Collaborative economy
The collaborative economy involves sharing goods or services in exchange for a previously agreed compensation, whether it's financial or of another nature.
How to recycle used oil
Extra Life Oil
The importance of recycling used oil
In Spain, nearly 150 million liters (40 million gallons) of used cooking oil are generated each year, around 72% is recovered in the hospitality industry, yet the figure barely reaches 5% in households.
Recycling used oil has many benefits: it allows for the production of renewable fuels and reduces the need to extract new raw materials, among others. Do you want to know how to recycle it correctly? Here are some tips and guidelines.
In the past, used oil was mainly used in households to make homemade soap. However, due to the time required and the difficulty involved in this practice, it's not as common as it used to be, so the oil is discarded more often. This, in addition to the fact that it's known that there are other uses that help make the most of this waste, highlights the importance of recycling it correctly.
Improving these figures and percentages is precisely the purpose of Spanish Law 7/2022 on waste and contaminated soils for a circular economy, under which local governments must implement specific collection systems for usable waste by 2025 (including oil).
Why is recycling important?
How to recycle used oil
Uses for recycled oil
Nowadays, used oil can have a highly profitable useful life and can be used for different purposes. These include the production of renewable fuels, which help make the most of this resource.
Nonetheless, its versatility actually goes far beyond that. It can also be used to manufacture surfactants –the basis for many everyday products like detergent, cosmetic creams, paint, and varnishes– as well as candles, fertilizers, among others. Therefore, it's a waste product that retains its value beyond its first use.
Energy communities
Citizens, SMEs, cooperatives, and local entities... The fight against climate change is everyone's business.
At Repsol, we've already begun construction of what will be Spain's first plant for advanced biofuels, which are made from organic raw materials like biomass and organic waste. It will be located in Cartagena, in the Spanish region of Murcia, and it aims to produce 250,000 tonnes of advanced biofuels per year such as biodiesel, biojet, bionaphtha, and biopropane. This will significantly contribute to reducing CO2 emissions in sectors that are particularly difficult to decarbonize such as shipping, aviation, and heavy industry. In fact, with respect to oil, Repsol will produce biofuels for Ryanair at this plant from used cooking oil and other waste from the food industry. In all, we'll produce a sustainable fuel that will power the airline's planes between 2025 and 2030.
Collaborative economy
The collaborative economy involves sharing goods or services in exchange for a previously agreed compensation, whether it's financial or of another nature.
All about biodiesel
Biodiesel is a fuel derived from a natural, renewable, and clean origin. Its use reduces greenhouse gas emissions since it is produced using organic matter.