Galán recalled at Climate Week that with the right networks “we can give the world the necessary clean energy”

2024-09-24 17:08:41

President Iberdrola, Ignacio Galanhas participated in Climate Week 2024 in New York as part of the Spanish electricity industry to energy transition, a method that is in line with the United Nations.

The CEO of Iberdrola is convinced that the future of the planet involves converting the demand for fossil energy into electricity from renewable sources. “We believe that things are moving in the world, maybe not at the speed we all want, but they are moving. We need to generate demand for electricity by changing many uses that use fossil energy. For example, all topics are related to air conditioning or transportationbut also Electronic networks need to be laid out‘, has been affected.

From this end, he has also shown the importance of ownership “Stability and Predictability” to guarantee investment in renewables and advance the energy transition. ““We can provide the clean electricity the world needs”he said.

Galán has emphasized the advantages of green technologies over fossil technologies. “Renewable powers They are today more competitive than fossils. If we compare new fossil energy plants with new renewable energy plants, the necessary investment is low in renewables, the maintenance cost is low and, moreover, there is no replacement cost. It does not have to be subject to oil changes,” he said.

Among the different meetings he has attended, President Iberdrola has participated, among others, in the TIME100 Climate Leadership Forum held in New York and which brings together managers of the most important companies to climate change .

Likewise, he has participated as a member of the round table Jennifer Granholm, US Secretary of Energyand Fatih Birol, executive director of the International Energy Agency.

The panel, titled The Green Economy is Here, addressed the global energy transition, the progress of renewable energy deployment and the impact of policies such as the Anti-Inflation Act in the United States.

Galán noted that Iberdrola’s focus on clean energy has allowed the company to grow in scale over the past two years, with investment plans focused on supporting the next energy transition, with $30 billion – nearly € 27 billion – only in the United States until the year 2030.