Noticias
-
17/10/2024 - 10:00 UTC +02:00Start-up Plexigrid wins Iberdrola's challenge to optimise grid capacity through data and AI Iberdrola's global innovation and smart grid centre in Bilbao continues to advance proposals to maximise the potential of smart grids to electrify the economy and create jobs and to contribute to the development of the next generation of these smart grids . The Iberdrola group’s distributor, i-DE , proposed a technological challenge of innovation in smart grids through PERSEO , a platform that aims to facilitate access to the technologies and businesses of the future while fostering a global ecosystem of start-ups with a focus on sustainability. The winner was the Asturian start-up Plexigrid, based in Gijón, Spain and Stockholm, Sweden. In collaboration with the BAT B Accelerator Tower –Bizkaia International Entrepreneurship Centre–, a search and selection process was carried out for the best solutions globally. It culminated with the B Acceleration Week, the largest innovation and entrepreneurship event held to date in northern Spain. During the event, i-DE's technical team was able to learn first-hand about 6 of the 30 solutions presented by the different companies participating in the challenge, as well as to exchange knowledge and experiences with other innovation companies in the region. As the chosen start-up, Plexigrid will have the opportunity to deploy a pilot test within the challenge with i-DE, will become part of the BAT Community, and will be invited to participate in a personalised acceleration programme to boost its growth, within the framework of collaboration between Iberdrola and BAT. The challenge launched through PERSEO consisted of planning new scenarios in the electricity grid , making the most of the available capacity of the digitised grid, using data and AI techniques. Digital solutions were sought to model new demand scenarios (consumption and generation) in the grid with self-consumption, storage and access flexibility to forecast its operational behaviour and then plan its investments, guaranteeing grid capacity, assuming reasonable demand for electricity distribution, with a five to ten year time horizon. Among others, these scenarios had to take into account the evolution and geolocation of: * Current electricity demand, generation and self-consumption * Electrical storage (domestic, industrial, utility, BESS, etc.) * New emerging demand (short term): electric mobility, heating and cooling, decarbonisation of current industrial processes, etc. * New demand in the medium and long term: digital electrification, new consumption and generation associated with technological developments and/or emerging business models (e.g. artificial intelligence, e-fuels, green hydrogen, etc.). GSGIH AND PERSEO Iberdrola Ventures The Global Smart Grids Innovation Hub (GSGIH) is a pole to attract talent and promote emerging technologies that will enable the energy transition, maximising the use of renewables, fully integrating energy storage systems and optimising access to new uses of electricity, such as mobility and air conditioning. Iberdrola and the Provincial Council of Bizkaia, which together with the energy company is promoting this public–private collaboration framework, have so far brought together the capacities of more than 100 industrial companies, universities and technology centres, which contribute their technological capacity, industrial character and research experience. Iberdrola's commitment to a sustainable energy model is part of its PERSEO programme to promote the development of start-ups and innovative industrial companies working in new areas of electrification. Since its creation in 2008, PERSEO has invested more than 200 million euros in businesses that develop innovative technologies, focusing on those that improve the energy sector’s sustainability through greater electrification and decarbonisation of the economy. Through Perseo Venture Builder, industrial initiatives are launched in energy transition to create new business models that contribute to electrification in sectors that are difficult to decarbonise. About the BAT B Accelerator Tower and the B Acceleration Week BAT B Accelerator Tower is the spearhead of a national project that aims to put Bizkaia on the international entrepreneurship map. The backing of major Basque institutions aims to make BAT B Accelerator Tower a unique centre in the world, capable of bringing together public tools at the service of entrepreneurship and innovation, together with the differential services and international network of PwC and collaborations with international partners such as Talent Garden and Impact Hub. Aiming to be the most important innovation hub in Southern Europe and the best connected, B Accelerator Tower is a point of concentration and traction for entrepreneurial talent and open innovation, where start-ups, corporates, investors and the administration work together. The B Acceleration Week, after its first edition, has positioned itself as the most important entrepreneurship and innovation event held to date in BAT B Accelerator Tower and one of the most important on the national scene. This meeting marked a milestone in the field of start-ups and innovation in the Basque Country. It has all been possible thanks to collaboration with strategic members of the BAT such as Iberdrola, as well as other international agents such as Pegasus Tech Ventures and Google, which have made it possible to generate a high-impact event for the regional ecosystem, in which + 500 participants from + 100 companies and + 30 nationalities were able to exchange knowledge and generate new opportunities for innovation and business. READ MORE
-
17/10/2024 - 09:00 UTC +02:00Iberdrola, the only Spanish company to obtain the international Fair Tax certificate Iberdrola has been awarded the Fair Tax Mark, an accreditation for companies that pay taxes responsibly around the world. The Fair Tax Foundation is a non-profit organisation that promotes tax fairness and transparency in corporate tax practices. It seeks to encourage and recognise organisations that pay the right amount of corporate tax at the right time and in the right place. Some 250 different commercial companies currently hold this Fair Tax Mark accreditation, but none of them are Spanish. Jaime Boswell, Director of Accreditation at the Fair Tax Foundation, said, "It’s fantastic that Iberdrola is flying the flag for fair taxation as the first Fair Tax Mark accredited company in Spain. It’s leading the way for others to follow. Its tax transparency report is really comprehensive. It contains information on the group's taxes in several jurisdictions, including its public country-by-country reporting, as well as significant cash tax contributions. It is exactly the level of detail we are looking for when awarding the Fair Tax Mark". Contribution to the community where it works Iberdrola has established itself as one of the companies that contributes the most to taxation in the countries where it operates. Its commitment to public administrations resulted in a historic contribution of almost 9,300 million euros. A total of 9,281 million euros were last year, 24% more than in 2022, according to the group's fiscal transparency report. This figure is equivalent to more than one million euros per hour. Spain is the country in which the company contributes the most of all those in which it is present. It is now close to 3,500 million euros, which represents an increase of 35%. The positive impact on society of the business electricity company chaired by Ignacio Galán is reflected both in its commitment to a sustainable model, which promotes the economy and employment, and in its fiscal contribution. In the last five years, the contribution to the public coffers of the more than 25 countries in which the electricity company operates has exceeded 40,000 million euros. Iberdrola's historic contribution in 2023, considering only taxes affecting the income statement, was 44% of its profit before taxes and social security. The increase in Spain was mainly due to electricity taxes –like the 1.2% levy on sales and the tax for water used to produce power–. Apart from the significant increase in corporate income tax, other taxes practically doubled. In Spain, taxes and charges affecting the income statement, excluding corporate income tax, represent 123% of net operating expenses, a very striking figure compared to the same percentage in the rest of the world (22%). Iberdrola's total contribution by country is led by Spain (3,482 million euros), followed by Brazil (2,530 million euros), the United States (1,261 million euros), the United Kingdom (1,119 million euros) and Mexico (310 million euros). The rest of countries contributed 579 million euros. READ MORE
-
16/10/2024 - 09:00 UTC +02:00Iberdrola, among the Top 10 companies with the greatest global impact according to the technology firm RGS Iberdrola has been chosen as one of the 10 most impactful companies in the world by Richmond Global Sciences (RGS), a global technology firm that enables investors and companies to integrate an impact perspective into their decision making. RGS determined this through its new platform that offers impact data based on artificial intelligence and portfolio analysis on environmental, social and financial aspects. The electricity company chaired by Ignacio Galán has been chosen as one of the most outstanding listed companies in the world in terms of its environmental, labour and customer impact. RGS has partnered with the International Foundation For Valuing Impacts (IFVI), an independent non-profit organisation that is developing and expanding the practice of impact accounting. The mission is to analyse the unquantified costs and benefits that companies have on the environment and society. Iberdrola is a global bellwether and is on the main international sustainability indices , which include, in addition to those mentioned above, Moody's ESG, MSCI, Sustainalytics, ISS-ESG, Bloomberg GEI, EcoVadis, and FTSE4Good, among many others. Iberdrola aims to achieve emissions neutrality in its generation, electricity distribution and own consumption plants by 2030 (scopes 1 and 2) and to achieve net zero emissions in all its activities by 2040. Iberdrola has been included for yet another year in one of the most prestigious indices on climate change in the world, CDP Climate Change , with the maximum score. Iberdrola is one of a small number of companies that earned an "A" rating out of more than 23,000 companies analysed. For its part, the Fitch Sustainable rating agency gave Iberdrola a 'Green' rating, the highest in green transition. According to the agency's assessment, the company has a credible transition plan and has already oriented a large part of its business model towards "greener" activities. Leading in sustainability Iberdrola has incorporated the Sustainable Development Goals (SDGs), defined by the United Nations for the 2030 horizon, into its business strategy and sustainability policy, and is a role model for its direct contribution to the global goals, especially its contributions in the field of energy and climate change. The company focuses its efforts on the provision of affordable and clean energy (goal 7) and climate action (goal 13), while contributing directly to ensuring clean water and sanitation (goal 6), has increased its investment in R&D&I activities (goal 9), promotes respect for the life of land ecosystems (goal 15) and works to build partnerships to achieve the goals (goal 17). READ MORE
-
16/10/2024 - 08:04 UTC +02:00Iberdrola and Masdar complete wind turbine installation at Baltic Eagle offshore wind farm Turbine installation has been successfully completed at the 476 MW Baltic Eagle offshore wind farm , a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’S clean energy powerhouse. When fully operational, Baltic Eagle will supply around 475,000 households with renewable energy while reducing carbon dioxide emissions by about 800,000 tons per year. The 50 installed wind turbines, each with a unit capacity of 9.53 MW, were supplied by Vestas and installed by the shipping company Fred Olsen Windcarrier. Baltic Eagle is the second of Iberdrola's three major wind farm projects in Germany, along with Wikinger (350 MW, in operation) and Windanker (315 MW, in planning). Collectively, these offshore wind farms form Iberdrola's Baltic Hub. Baltic Eagle is Masdar’s first project with Iberdrola, its first in Germany and resulted in the company’s largest ever euro-denominated financing. “The completion of turbine installation at the Baltic Eagle wind farm is an important milestone in what is a record year for Iberdrola’s offshore wind activity . With this project, Iberdrola is on track to have nearly 5,000 MW of offshore capacity globally by the end of 2026.” said Ignacio Galán , Iberdrola’s Executive Chairman. “Once fully operational, Baltic Eagle, the second offshore wind farm in our Baltic Hub, will make a considerable contribution to Germany’s energy transition, providing homegrown clean energy to almost half a million homes, whilst reducing emissions. “This landmark milestone has been reached thanks to the strong partnership forged with Masdar, who share our vision of harnessing offshore wind energy to accelerate green energy security in Europe. It has also been made possible by the expertise and tireless com-mitment of the teams on site.” HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar, and COP28 President, said: “The installation of the fiftieth and final turbine of the Baltic Eagle offshore windfarm marks an exciting milestone. With the project progressing according to schedule, Baltic Eagle is set to power 475,000 German households with clean, renewable energy. This achievement also strengthens Masdar's partnership with Iberdrola, driving significant expansion in our offshore wind portfolio and advancing the global energy transition. Our collaboration, underscored by the €15 billion agreement signed at COP28 in the UAE, reaffirms our joint commitment to helping to triple global renewable energy capacity by 2030." Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi said: “Today’s announcement is an important landmark in the progress of Baltic Eagle, the project which launched our partnership with Iberdrola in July last year and brought together two companies with long histories of pioneering clean energy. Offshore wind is a vital technology for the energy transition and Masdar looks forward to a long and fruitful relationship with Iberdrola that will deliver more transformative utility-scale projects, supporting the journey to net-zero in Europe and beyond." By 2026, Iberdrola’s Baltic Hub will have a total capacity of more than 1.1 GW and trigger investments of around €3.7 billion. The Baltic Eagle offshore wind farm is an important building block in the integrated growth strategy that Iberdrola is pursuing in the core German market. In the field of sustainable energy solutions, the company strives to work with key players in the German economy to support them in achieving their climate goals with market-based solutions. A key element of this is Iberdrola's strategic partnership with Masdar. Masdar and Iberdrola signed a partnership to jointly invest in Baltic Eagle in July 2023. At COP28, the two compa-nies announced a further €15 billion agreement to explore the joint development of off-shore wind and green hydrogen projects in key markets such as Germany, the UK, and the US. Masdar has a long-standing commitment to advancing offshore wind projects across the globe. It is aiming for a renewable energy portfolio capacity of 100GW by 2030, supporting the target set in the historic UAE Consensus to triple global renewables capacity by the end of this decade. READ MORE
-
15/10/2024 - 11:49 UTC +02:00Iberdrola invests in innovation with students in Mexico Iberdrola, a través de su filial en México, Iberdrola México , y la Escuela de Ingenierías y Ciencias del Tecnológico de Monterrey organizaron un hackathon, en el que participaron más de 150 estudiantes con la misión de encontrar soluciones innovadoras para facilitar la adopción masiva de vehículos eléctricos en las ciudades, promover el acceso a energía renovable en comunidades vulnerables e impulsar la producción, almacenamiento y distribución de hidrógeno verde. Tras dos días de intenso trabajo y con la asesoría de mentores de Iberdrola México y docentes del campus Monterrey, los equipos presentaron 22 proyectos enfocados en los tres retos principales. El hackathon tuvo como objetivo incentivar el interés de los estudiantes en las energías renovables mediante retos específicos que incorporan tres componentes: innovación, compromiso social y soluciones energéticas sostenibles, proporcionando herramientas para fortalecer su formación. Puedes leer la noticia completa en la Sala de Comunicación de Iberdrola México . READ MORE
-
14/10/2024Galán confirms Iberdrola's commitment to the UK at the International Investment Summit with Starmer Iberdrola is consolidating its position as a top company in the United Kingdom , and its Executive Chairman Ignacio Galán met with the country's Prime Minister, Keir Starmer, and other members of the government at the new British government's first international investment summit to present the new roadmap for the electricity company in the country. During his private meeting with Starmer, Galán personally restated the electricity company's new roadmap in the country, a plan that envisages doubling the investment forecast to more than 28,000 million euros by 2028. Ignacio Galán was the only representative of a large Spanish company at the summit, which was attended by the c-suites of a dozen multinational giants from around the world. Galán has been in contact with several authorities in the UK executive and explained his decision to continue investing in the country after it has already become Iberdrola's top investment destination until 2026. UK Prime Minister Keir Starmer said, "People will reap the benefits of Iberdrola's investment in our country's green energy sector. Iberdrola's choice of the UK as its top investment destination is a major boost to our economy and a clear vote of confidence in the ambitious mission to drive clean energy and growth”. Galán explained that the company's decision "is an expression of our confidence in the UK's clear and stable policies" and added that "the benefits of electrification in terms of energy security, industrial development, jobs and decarbonisation are ambitions shared by the UK and Iberdrola". The update of the plan is driven by the UK's significant growth prospects for energy demand and its energy policies aimed at promoting net zero emissions and boosting electrification. Destination of investments Two-thirds of the investment planned by the company chaired by Ignacio Galán will go to distribution and transmission grids. The investment requirement in the latter will increase due to the improvements required in the country under the 2026–2031 regulatory framework, known as RIIO-T3, which will be approved next year. Investments will include, for example, the new Eastern Green Link 1 underwater interconnection. Iberdrola is in the final stages of completing the integration of the Electricity North West (ENW) energy distribution company, whose acquisition for 5,000 million euros was signed at the beginning of August. This company distributes electricity in the northwest of England and will continue to invest to maximise security of supply, to connect more renewable energies and to promote the country’s electrification. Iberdrola will also start up the East Anglia 3 offshore wind farm, which is currently under construction, and the recently awarded East Anglia 2, which will require an investment of around 4 billion pounds (around 4.8 billion euros). This latter project will provide enough green energy to power the equivalent of around one million homes. The company also continues to invest in new onshore wind, solar PV and battery projects. In the last three months alone, the company has announced new investments of 8 billion pounds (close to 10 billion euros): the East Anglia 2 offshore wind farm and ENW. This amount is in addition to the more than 36 billion euros (30 billion pounds) that the company has invested in the country since the purchase of ScottishPower, the subsidiary with which it operates there. READ MORE
-
14/10/2024Neoenergia’s School of Electricians visited by Spain's Minister for Equality The School of Electricians at Neoenergia , Iberdrola’s Brazilian subsidiary, was visited in Brasilia by the Spanish Minister for Equality, Ana Redondo, to learn first-hand about the women's training project. The project is recognised by the UN as a global example of female empowerment. The diplomatic visit took place last Thursday, a month after Neoenergia celebrated the milestone of having trained a thousand women at its School of Electricians. The distributor's initiative gained international recognition by being singled out as a global example of one of the Women's Empowerment Principles by ‘WeEmpower’, a UN Women programme together with the International Labour Organisation (ILO) and the European Union. READ MORE
-
11/10/2024 - 18:32 UTC +02:00Electricity distributed by Iberdrola reaches all-time highs Iberdrola's distributed electricity has reached an all-time high, registering 177,943 GWh in the first nine months, an increase of 2.5% compared to the same period last year. The good performance in electricity distribution was driven by the recovery of electricity demand in all the markets where the company is present. To respond to this increase in demand, in the first nine months Iberdrola has once again set a new record for renewable generation, reaching 63,300 GWh, an increase of 7.4% compared to the same period last year. Offshore wind leads the growth, with an increase of 18%. This new all-time record, which adds to those obtained in the first two quarters of the year, comes thanks to the investments made to continue accelerating the deployment of renewable energy and the increased production and management of clean energy, especially manageable technologies such as pumped storage hydro. The company has installed more than 2,800 MW of renewable energy in the last twelve months, which represents an increase of 7% compared to the same period last year. The expansion of offshore wind leads the way, which grew by 47.5% in this period, to almost 2,400 MW of capacity, thanks mainly to new offshore wind farms in France and Germany. The group's total renewable capacity now exceeds 44,100 MW, as reported today by the company to the National Securities Market Commission (CNMV). By renewable technologies, wind power represents more than 41% of the company's total energy mix, followed by hydroelectric, which represents 23.3%. Leading clean energy The capacity to manage renewable resources in Spain has also supported record generation in the country. More than 25,600 GWh of renewables production was recorded in Spain in the first nine months of 2024, an increase of 24.8% compared to the same period last year. The lower production of onshore wind was offset by the increase in hydroelectric generation- supported by pumped storage hydro. Currently, 84% of the company's production is emission-free. In countries such as the United Kingdom, France, Italy, Germany, Poland, Portugal, Greece and Bulgaria, the group generates 100% emission-free energy. In Spain this percentage stands at 91%. With its new capacity, Iberdrola will continue to promote energy self-sufficiency and electrification, to deliver greater energy and economic efficiency for customers. The company's total production stands at more than 100,000 GWh (-19%), taking into account that the company sold 8,500 MW of combined cycle plants in Mexico in the first quarter of 2024. Commitment to electrification For more than two decades Iberdrola has been at the forefront of the energy transition, with investments that exceed 160 billion euros in that period. Looking forward, Iberdrola is delivering an investment plan that will reach 46 billion euros – 41 billion euros announced the company’s strategic plan, plus 5 billion for the acquisition of ENW in the UK. READ MORE
