Tue. Apr 23rd, 2019

Iberdrola plans investments in Extremadura equivalent to the power of Almaraz | Economy

Iberdrola plans investments in Extremadura equivalent to the power of Almaraz | Economy



The President of Iberdrola, Ignacio Sánchez Galán, announced on Monday that the power plant will build between this year and 2022 in Extremadura renewable energy plants with a capacity of 2,000 megawatts (MW) of power, the equivalent of the two Reactors of the Almaraz power station (Caceres), where he owns 53%. The closure of this plant is scheduled for the end of the decade after the extension of its useful life once it has signed the request for renewal with its partners, Naturgy (11%) and Endesa (36%), which will be discussed tomorrow by fourth time.

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The renovation of Almaraz would ensure work at the plant for another 25 years, between expansion and dismantling, as recalled this morning by the president of the power company, Sánchez Galán. In that sense, the Salamanca executive has stressed that he expects the protocol signed with the waste company Enresa last week ("what is written, written is", has sibrayafo) will be respected. However, it is the three partners who must agree on the renewal before March 31.

In any case, the bet for Extremadura de Galán supposes a bidding against its main competitor, Endesa, which also has interests in the region. Of the total of the 2,000 MW announced before 2022, 500 MW correspond to the Nuñez de Balboa photovoltaic plant, which was inaugurated today along with the president of the Junta de Extremadura, Guillermo Fernández Vara. He has taken advantage of his presence to demand "real alternative measures" for the region where the plant is located, Campo Arañuelo, where Iberdrola is precisely going to build two photovoltaic plants. Vara, in any case, was relieved with the projects secured by the power company, which currently poses six other photovoltaic and wind installations, in addition to the two mentioned.

The largest photovoltaic field

The Núñez de Balboa park, which will be the largest photovoltaic field in Europe, will be able to supply clean energy to 250,000 people. The plant, which will be operational in September 2020, is located between the municipalities of Usagre and Hinojosa del Valle (Badajoz) and covers an area of ​​1,000 hectares, of which 850 will be those covered with panels, the equivalent of 1,200 football fields or eight times the Retiro Park in Madrid. The estimated investment amounts to 290 million euros and will generate employment for 1,000 workers during its construction.

The photovoltaic complex, which has already begun to be built, will have 1.43 million panels for which 288,000 foundations will be built. The weight is 12,100 tons and will have more than 2,000 kilometers of medium and low voltage cables. The planned annual production is 832 gigawatt hours (GWh) that will feed the nearby substation of Welcome.

According to sources of the company, the plant will avoid the emission of 215,000 tons of CO2 per year. Galán stressed that it is a new example of Iberdrola's clear commitment to clean, sustainable and competitive energies. In that sense, the power company plans to invest 8,000 million until 2022, a figure that is 40% more than initially envisaged in the strategic plan, and develop at least 10,000 solar and wind MW, which is almost triple the current power with these technologies and the creation of 20,000 jobs until 2030.

By 2022, it will have already started 3,000, 52% more than the current capacity, of which 2,000 are the ones mentioned in Extremadura. In addition, it has nine in Castilla y León, seven in Castilla La Mancha, two in Aragón and Andalusia and one in Navarra, Murcia and Madrid.

Iberdrola currently has an installed capacity of 47,448 MW, of which 29,177 are renewable. The sales figure last year was 35,076 euros melons, the ebitda stood at 9,349 and the net profit exceeded 3,000 million for the first time.

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