#decarbonisation

In the context of its commitment to the United Nations Sustainable Development Goals, Iberdrola group focuses primarily on compliance with SDG 13, climate action, making an active, determined contribution to a sustainable, low-carbon future to fight against climate change. In this regard, we have set targets to reach carbon neutrality by 2030 for carbon equivalent emissions of Scopes 1 and 2 and net zero carbon equivalent emissions by 2040 for all Scopes, including Scope 3 (expressed in CO2eq).

The company is putting an end to coal with the closure of the Lada (Asturias) and Velilla (Palencia) thermal power stations, culminating a process initiated in 2001 that has led to the closure of 17 coal and fuel oil thermal power stations around the world with a total production of more than 8,500 MW.

Electricity is the most decarbonised energy vector due to its ability to integrate renewable energy sources, and the one that, more than any other, allows for a real increase in energy efficiency.

El País' has published on 19 January 2018, an opinion piece by Ignacio Galán, Iberdrola's Chairman, in which he stands up for the need to progress towards a sustainable, safe and competitive model that replaces polluting energies used in production processes by clean energies and intensifies the electrification of the global economy, because

Achieving carbon neutrality by 2050 means taking action in each and every sector. Efficient decarbonisation of the economy means achieving it at the lowest possible cost, using the most competitive alternatives in each end-use.

Thomas Edison's first electric power plant built in 1882 only supplied current to a few light bulbs. Since then, the grid that carries electricity to our homes has expanded and is facing the biggest challenge so far: to become completely fossil-fuel free and move towards renewable energy sources. Discover the history of electricity until nowadays.