Energy Transition as a Service (ETaaS)

Your partner on the road to industrial electrification

Decarbonisation Energy transition

The concept of Energy Transition as a Service (ETaaS) refers to the comprehensive service we offer corporations and companies whose activities are often difficult to decarbonise to help them reduce their carbon footprint.  

 

At Iberdrola, we want to be a strategic and trusted energy partner, providing the necessary options every time to achieve our customers' decarbonisation objectives. These services cover the complete activity cycle of commercial and industrial customers, making them the driving force and main players in electrification and the energy transition.  

How can industry participate in the energy transition?

Industrial or commercial customers can participate in the energy transition and also, if well advised, make a huge difference in the global fight against climate change. At the same time, they can improve their efficiency and cost-effectiveness and become a key player in building a sustainable economic future.   

Industry’s main goal must be to reduce its carbon footprint through different actions. Two clear options for decarbonisation are: the use of renewable energy sources and the electrification of industrial processes, including those sectors considered 'hard to abate'

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By signing PPAs

One of the most efficient ways for industrial groups to reduce their carbon footprint, especially in terms of electricity consumption, is to switch to a fully renewable energy supply (both wind and solar photovoltaic).

This energy development is possible by signing a Corporate Power Purchase Agreement (CPPA) or a long-term power purchase agreement whereby Iberdrola undertakes to directly supply a company with the electricity produced by a renewable facility.

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Self-consumption

Industrial photovoltaic self-consumption is a self-consumption model aimed at large companies and industrial SMEs. The installations are similar to those of large photovoltaic plants prepared to sale to the grid, but in this case, the panels are installed on the roof and are intended to generate energy that will be consumed directly by the company's facilities. Industrial self-consumption is considered a key to industrial decarbonisation.

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Using heat pumps

This option envisages replacing the air conditioning or hot water generation systems of industrial processes that produce emissions with others based on heat pumps. This thermal machine allows heat to be pumped from a cold point to a hot point, using renewable energies such as ambient thermal energy from air, water or soil, or waste energy from the industry itself.

It can be applied to heating, air conditioning and domestic water, as well as to all industrial processes with temperatures below 120 °C, such as processes in the food industry or paint drying.

Heat pump technology is being developed and the working temperatures are increasing all the time, so that in the near future projects, even generating process steam, may be feasible.

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Use of batteries

This practice envisages the inclusion of battery energy storage systems (BESS). The benefits of this option include efficiency, savings and sustainability by allowing for renewable sources and reducing consumption.

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Use of green hydrogen

Incorporating green hydrogen into industrial processes opens the door to more sustainable production: it is a clean energy source that emits only water vapour and leaves no residues in the air, unlike coal and oil. Producing it would save the hundreds of millions of tonnes of CO2 per year from gas produced by fossil fuels.

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Process electrification

This option envisages replacing heat generation sources that produce emissions with processes electrified (directly or indirectly through green hydrogen) with renewable energy, both supplied by self-consumption facilities and by other renewable generation sources over the grid.

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Electric mobility

The aim is to replace combustion vehicles with electric vehicles, providing the infrastructure of charging stations and ensuring recharging with 100% renewable electricity. These cars emit hardly any polluting waste and are a more efficient option to reduce traffic in cities.

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At Iberdrola, we open the door to building renewable projects (photovoltaic or storage, etc.) on vacant or abandoned land where industrial activities no longer take place.

This energy development is possible by signing a Corporate Power Purchase Agreement (CPPA) or a long-term power purchase agreement whereby Iberdrola undertakes to directly supply a company with the electricity produced by a renewable facility.

Iberdrola's role in electrification

At Iberdrola, we want to play a key role in the economy’s electrification, driving the transition towards more sustainable processes and more efficient technologies, which will in turn allow us to achieve more competitive prices for consumers and attract industry that wants to electrify its energy consumption. 

This commitment is reaffirmed by the €41 B of investment planned up to 2026 to drive the economy’s electrification, two thirds of which is earmarked for grid infrastructure. Furthermore, with our ETaaS, we want to position ourselves as the ideal energy partner for our customers’ efficient and sustainable transition. 

If we want to be part of our energy system’s transition, we must decarbonise electricity production and as many production processes as possible. That is why more and more responsible companies are opting for greener and more responsible models, leading the way to a sustainable future. 

A sound regulatory framework is essential to move towards emissions-free solutions efficiently and cost-effectively. Europe is at the forefront of the global energy transition with an ambitious network of environmental targets and policies, such as the European Green Deal. Launched in 2019, this strategy puts the energy and green transition at the centre of political action, driving transformational change for community members and businesses.

More on the electrification of the economy

The IEA heralds the ‘Age of Electricity’

The latest edition of the International Energy Agency's (IEA) 'World Energy Outlook 2024' report offers a comprehensive analysis of the current and future energy landscape, highlighting the pivotal role of electricity in this new era.

World Energy Outlook