May 17, 2021

Sánchez Galán describes the Energy and Climate Plan of Spain as “realistic”

The president of Iberdrola, Ignacio Sánchez Galán, said on Tuesday that Spain has for the first time in twenty years an Energy and Climate Plan, which is also “realistic, with very specific measures”, and has said that at this time there are elements to have a stable frame.

Galán, after participating in an act with the Portuguese Prime Minister, Antonio Costa, with whom he has visited the works of the Támega hydroelectric complex (northern Portugal), which is built by Ibedrola, has ensured that in Spain there is “a very clear line” and He recalled that the Energy and Climate Plan has received “all the blessings” from the EU.

He added that it is a “well done” and “executable” plan, and stressed the importance that after a long time there is a plan with a long-term vision, something he has said he has not known in the twenty years he has been in The energy sector.

In this regard, he said that in Spain there has been a very important change in recent months, while emphasizing the importance of respecting the legal framework that exists at all times.

In addition, he explained that the Spanish plan is not far from Portuguese, although it has some objectives of penetration and use of more ambitious renewables, because also in Spain it goes through the closure of the generation with coal and the commitment to renewables.

He pointed out that twenty years ago Iberdrola began its energy transition, coinciding with the Kyoto agreement, and began closing coal plants in 2000 and 2002 and replacing them with other renewable sources.

Regarding whether Iberdrola will attend the next solar auction in Portugal, Sánchez Galán has said yes, because the company’s commitment, which already won 180 megawatts (MW) in Portugal that it is building, is clear and has remembered the more than 800,000 customers you have in the country.

Asked about the resignation of Jordi Sevilla as president of Red Eléctrica de España (REE), Sánchez Galán has replied that “in the companies the presidents come and go, and it is part of our permanent reality”.


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