Monday, February 26, 2024

Iberdrola launched an alliance of 40 companies to accelerate decarbonization

More than 40 companies participated this Wednesday at the Iberdrola headquarters in the launch event of Q-Cero, the alliance for the decarbonization of thermal demand in Spain, the Spanish multinational reported in a press release.

The initiative, open to all agents, was born as a meeting and point of dialogue to facilitate decarbonization, especially for those looking for thermal energy in the industrial and construction sectors, and combat climate change.

The alliance, initiated and supported by the Center for Innovation in Technology for Human Development of the Polytechnic University of Madrid, brings together actors from all sectors of the industrial chain of the economy.

“The current rate of decarbonization in the industrial and building sectors is lower than what is needed to achieve the commitments made to fight against climate change and limit global warming to 1.5 degrees,” said Iberdrola, who added that the alliance will try to identify bottlenecks and develop proposals and activities that will accelerate the electrification of heat in different sectors, “maintain competitiveness, and take advantage of and contribute to the materialization of opportunity in the energy transition.”

The president of Iberdrola, Ignacio Galan He stated during the launch of the Alliance that “there is a real urgency to change our energy system. We need it to protect our environment, but also to increase our energy autonomy and reduce fossil fuel imports. It is a real alliance to decarbonize and take advantage of new opportunities. Many companies also share this commitment, and that is why we have reached agreements between us and the financial sector to achieve this goal of multiplying clean energy by three.

Galán warned against ‘greenwashing’ and those who, in his opinion, “say they are doing nothing but do nothing with the sole purpose of ensuring that decarbonization comes as late as possible.”

He added that over time he moved from listening to “the climate change deniers to listening to the retarders and now to the ‘greenwashers’.”

Despite this, he considers that “now there is a social cry to change things and do it in a different way,” as seen in the last Climate Summit (COP) in Dubai, where there was a “progressive call to abandon fossil fuels and triple the renewable target by 2030.

He highlighted the opportunity represented by decarbonization for countries like Spain, which are “very dependent” on fossil fuels and whose payments “are the same as the income from tourism in Spain.”

The companies and entities that participated in the launch of the alliance are Abadía Retuerta, Ábbatte, AFEC, AndreuWorld, Antolín, AQ Compute, Bayer, bp, Carbon2Nature, Castillo de Canena, Contazara, Crimidesa, Disalfarm, EIT Climate KIC, Ence – Energy and Pulp, Estrella Levante (DAMM Group), Fagor Ederlan, Ferrovial, Gonvarri Solar Steel, Google, Heineken, Holcim, Iberdrola, Kyoto, Lactalis, Latem Aluminum, Losán, Masam, Merlin Properties, Molecor, NetZero Basque Industrial Super Cluster, Pepsico, Plastic Energy, Porcelanosa, Rebi, Sabic, SpainDC, T500 Puratos and Tubos Reunidos Group.

World Nation News Desk
World Nation News Desk
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