DESCARBONISATION AND POSITIONING IN THE ENERGY TRANSITION
Electricity, key to decarbonisation
The Iberdrola group is committed to electricity as the most efficient and technologically available option for decarbonising energy use, through the generation of clean electricity based on renewable energy and the electrification of other energy uses.
Electricity is key to decarbonising energy uses through renewable energies to create a sustainable and efficient energy framework. Electricity is the energy vector that allows greatest use of clean energies, while drastically improving the overall efficiency of the energy system.
It is more than 20 years since Iberdrola opted for a clean electricity sector, and today the company continues to advocate for a future sector based on renewable energies. This view is based both on its current experience as a world renewable energy leader, and on an in-depth analysis of current technologies and their possible future development, promoting innovation and internal studies of energy prospects in the different areas in which it operates and collaborating with internationally renowned institutions like the International Energy Agency.
Decarbonisation of transport
Transport is responsible for a quarter of the world's CO2 emissions and for most of the pollution in cities. A very effective way to solve both problems, which come from the same source, is to electrify transport with electric vehicles, to achieve a better use of energy thanks to their greater efficiency.
Iberdrola is committed to electrifying transport, and has developed an ambitious Sustainable Mobility Plan. It was also the first Spanish company to join The Climate Group's EV100 initiative, making a commitment to electrify its entire fleet in Spain and the United Kingdom by 2030.
Decarbonisation of the building industry
Another important element is the decarbonisation of energy in buildings by promoting self-consumption or the use of heat pumps, for which Iberdrola is also analysing future trends. Iberdrola works with various institutions, such as the Oxford Institute for Energy Studies to analyse all possible decarbonisation solutions and trends in the electrical system in order to have an informed view and be able to develop solutions.
Accelerating the energy transition
The energy transition must lead to a decarbonised energy sector, in line with the Paris Agreement. It is therefore urgent that we take the right decisions in the different energy systems. To do this, Iberdrola collaborates with different public and private international alliances that aim to accelerate this transition to allow robust and sustainable economic growth, such as the Energy Transitions Commission and the Joint Program on the Science and Policy of Global Change of the Massachusetts Institute of Technology (MIT).
For more on the flagship projects in the decarbonisation of the electricity sector: