Energy and environment

Boosting futures markets and reducing the role of the spot market would make electricity prices more stable and guarantee the investment needed in renewable energy to meet 2030 targets.

A PwC report published by the Naturgy Foundation analyses the best options for reforming wholesale electricity markets to address the mass integration of renewable energy while guaranteeing that consumers receive a quality service.

The document authors also support giving greater power to the system’s adjustment services, which would make it more flexible and allow for renewable technology, storage and energy demand management.

Energy and environment

Climate ambitions, an agreement on emissions accounting and participation by the United States will be the key issues addressed at the forthcoming COP26 in Glasgow.

The Naturgy Foundation and the Spanish chapter of the Club of Rome are holding a series of webinars to reflect on and debate current issues related to energy and sustainability, with a session on the forthcoming Climate Summit that will be held in November.

Valvanera Ulargui, director general of the Spanish Office for Climate Change, and Pedro Linares, professor at the Higher Technical School of Engineering ICAI-University of Comillas, were the first guests in this series of conversations between experts.

Energy volunteering

The Naturgy Foundation announces the winners of the first ‘Prize for Best Social Energy Initiative’ and recognises the work of social organisations in their fight against energy vulnerability.

Today, the Naturgy Foundation announced the winners of the first edition of the Prize for Best Social Energy Initiative which aims to raise the profile of people, organisations and institutions that stand out in the social sector for their energy-related projects.

Energy and environment

Arias Cañete highlights the role of the energy sector in reducing emissions and demands greater ambition on energy efficiency targets

The former European Commissioner for Climate Action and Energy, Miguel Arias Cañete, and the former chair of REE, Luis Atienza, took part today in the fifth edition of Energy Prospects, a series of talks organised by the Naturgy Foundation and the IESE Business School, which was officially opened by the Chair of Naturgy, Francisco Reynés, and the CEO of IESE, Franz Heukamp.

Energy and environment

Cogeneration plants need renewal plan to maintain their contribution to decarbonisation targets and industry competitiveness

A study claims that renewal plans are needed for existing cogeneration plants, which prevent around four million tonnes of CO2 emissions per year.

These plants are key to maintaining energy efficiency in processes and represent a major factor in company competitiveness.

Over 80% of the energy produced by these facilities is transformed through natural gas, the use of which leads to a significant emissions reduction.