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In 2023, installed nuclear power capacity corresponded to 5% of the Group's total installed capacity. Electricity production from nuclear power accounted for 14.1% of total production (excluding steam generation) and sales from nuclear power production are less than 3% of the Group's total sales.
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The operation and dismantling of nuclear facilities generates nuclear waste and spent fuel that must be safely managed.
Our environmental management is based on the principles of respect for the environment, dialogue with stakeholders and a single Environmental Management System that acts as a common framework for the coordination of the different plans and measures, as well as the transparency of the information published on the company's environmental impact.
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We actively contribute to global action on climate change through our commitment to an ambitious climate agenda and a strong network of partnerships. We are heavily involved in the major milestones of the global climate agenda each year, including the annual summits and negotiating sessions of the United Nations Framework Convention on Climate Change.
Green hydrogen is one of the essential technologies for tackling the most difficult challenges of decarbonisation. In this new scenario, the alliances that are helping to make it a reality are gaining ground, such as Iberdrola's agreement with H2 Green Steel to build a 1,000 MW green hydrogen plant and to develop this resource with an estimated investment of €2.3 billion.
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As a part of our commitment to transparency towards our stakeholders, Iberdrola is including additional information with respect to its nuclear portfolio.
Road transport is one of the largest emitters of greenhouse gases in the US. Electric vehicles are a sustainable alternative, but they represent only 1% of the 250 million cars and trucks on US roads. Will it be possible to convince drivers in the country to support a practical and environmentally friendly option such as electric cars?
