Red Eléctrica presents the awards to its best in-house energy efficiency projects of 2017

The Chairman of Red Eléctrica de España, José Folgado; the Corporate Director of Resources, Ángel Mahou, and the Manager of the Human Resources area, Jose Antonio Vernia, today presented the awards for its best in-house energy efficiency projects of 2017 at the 6th Edition of the Red Eléctrica eficiente Awards. The Company’s Red Eléctrica eficiente programme promotes the development of initiatives that help showcase the Group’s commitment to energy efficiency and to the fight against climate change. With these awards, the Company seeks to engage all its employees in said commitment through the exchange of knowledge and good practices among all areas of the business. In this sixth edition, a

Read more

E.ON and RWE: two European energy companies focus their activities

E.ON will be transformed into a highly focused provider of European energy networks and state-of-the-art customer solutions, ideally positioned to drive Europe’s energy transition by innovation. This transformation anticipates the rising and legitimate demands of its customers in Germany and Europe, for instance in electro-mobility or the increasing interconnectedness of production and offers in regional energy networks. RWE will become a leading European electricity producer by means of renewable energy with attractive growth potential, optimally combined with security of supply through its conventional power plants and energy trading. E.ON to acquire RWE’s 76.8 percent stake in innogy. Via an asset exchange, RWE will receive substantially all of E.ON’s renewables activities,

Read more

Higher Shares of Renewable Energy Central to Sustainable Development Across Southeast Asia

New IRENA market analysis sees renewable energy driving growth and expanding energy access in Southeast Asia Southeast Asian countries are on course to meet their aspirational renewable energy target of a 23 per cent share of total primary energy supply by 2025, according to new analysis from the International Renewable Energy Agency (IRENA). Achieving this target would also significantly improve the access to affordable clean energy in the region in line with its pursuit of Sustainable Development Goal (SDG) 7. In the report, Renewable Energy Market Analysis: Southeast Asia – launched during the United Nations Global SDG7 Conference in Bangkok, IRENA highlights that renewable energy is proving key to expanding

Read more

Red Eléctrica invests more than €9.3 million in innovation during 2017

In 2017, Red Eléctrica de España earmarked more than €9.3 million for the development of 85 initiatives related to innovation, considered as part of its strategy for the 2016-2019 period; a strategy defined with the purpose of boosting innovation as a lever for growth. This volume of investment, which in 2017 represented an increase of 8.1% on that of the previous year, has been geared towards initiatives in various areas of the Company’s business activity and has focused mainly on four vectors: digitalisation, people, sustainability and technology. In this regard, the Company has focused its efforts on continuing the development of the Best Paths project (BEyond the State-of-the-art Technologies for

Read more

EU Auditors publish Background Paper on wind and solar power production

​The European Court of Auditors has today published a Background Paper on EU and Member State support for wind and solar photovoltaic (PV) power generation. Background Papers follow the announcements of audits and provide information on ongoing audit tasks. They are a source of information for those interested in the policy and/or programmes being audited. Today’s Paper describes the work being carried out in connection with an audit that is underway, which comprises analysing the design, implementation and monitoring of both EU and national strategies for wind and solar PV power generation from 2009 onwards, and EU and national funding for their development. Electricity generation is the sector in which

Read more

Iberdrola will invest €32 billion between 2018 and 2022, building the foundations for sustainable growth in the next decade

Iberdrola will invest €32 billion between 2018 and 2022, building the foundations for sustainable growth in the next decade. Ignacio Galán, the group’s Chairman, said: “Overall, the plan we are presenting today is fully consistent with our strategy over recent years, while seizing the opportunities provided by the new digital environment. In essence, it is a plan that maintains focus on growth in specific opportunities in regulated and long-term contracted businesses which offer earnings visibility, while maintaining a geographically balanced portfolio and exploring growth beyond those frontiers.” Over 90% of capex will be allocated to networks (50%), renewables (37%) and contracted generation in Mexico (4%), business areas which will represent 

Read more

EU Doubling Renewables by 2030 Positive for Economy, Key to Emission Reductions

New IRENA report outlines how increasing share of renewables to 34% can boost economy, and help meet emission reductions goals The European Union (EU) can increase the share of renewable energy in its energy mix to 34 per cent by 2030 – double the share in 2016 – with a net positive economic impact, finds a report by the International Renewable Energy Agency (IRENA), launched in Brussels. Presenting the findings during a launch event, ‘Renewable Energy Prospects for the European Union’ – developed at the request of the European Commission – IRENA’s Director-General Mr. Adnan Z. Amin highlighted that achieving higher shares of renewable energy is possible with today’s technology,

Read more

Energy and the Smart Specialisation Platform on Energy (S3PEnergy)

Energy is a topic with high interest amongst the Member States and regions registered in the S3 Platform. These strategies set priorities at national and regional levels to build competitive advantage by developing and matching research and innovation (R&I) own strengths with business needs, to address emerging opportunities and market developments in a coherent manner, while avoiding duplication and fragmentation of efforts. They may take the form of, or are included in, a national or a regional R&I strategic policy framework. In this context, there is an emerging need to align innovation roadmaps across EU policies and territories. There is also an upcoming challenge in accompanying the implementation of innovation

Read more

IEA marks historic day in global energy governance with first member country in Latin America

Mexico officially became the International Energy Agency’s 30th member country on 17 February 2018, and its first member in Latin America. The membership came after the signed IEA treaty (the IEP Agreement) was deposited with the government of Belgium, which serves as the depository state, following ratification by the Mexican Senate. Mexico’s accession is a cornerstone of the IEA’s on-going modernization strategy, including “opening the doors” of the IEA to engage more deeply with emerging economies and the key energy players of Latin America, Asia and Africa, towards a secure, sustainable and affordable energy future. The IEA Family of 30 Member countries and seven Association countries now accounts for more

Read more

Siemens Gamesa to supply 1,386 MW to Ørsted at the world’s largest offshore wind farm, in the UK

  It marks the largest-ever offshore project in the history of Siemens Gamesa, the world leader in the segment The company will install its SG 8.0-167 DD turbines with power boost functionality at the Hornsea Project Two offshore facility located 89 km off the east coast of England Siemens Gamesa Renewable Energy (SGRE) has been awarded exclusivity by Danish energy group Ørsted for the supply and service of wind turbines for the Hornsea Project Two offshore wind project, being developed in British waters, where it will install its SG 8.0-167 DD turbines with total capacity of 1,386 MW. This offshore wind farm, which will be the world’s biggest offshore wind

Read more