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.
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.
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.
The Naturgy Foundation is publishing a new study in which experts from the Catalonia Institute for Energy Research (IREC) call for precise regulation to scale up the technology, reduce costs and attract investment.
Spain is the country with the greatest output potential in Europe thanks to its geographic conditions and climate, representing a major opportunity for the green economy.
The use of hydrogen to convert electricity into gas would also connect the large gas and electricity infrastructures.
Ten international scientists invited by the Naturgy Foundation to take part in its latest publication affirm that “the objectives of the Paris Agreement are still technically feasible, as well as being economically desirable”, but they point to the need to tackle climate change with a holistic approach. They consider that “it is not enough to set emission reduction targets” and that “A degree of climate change seems to be inevitable and it is necessary to develop adaptation strategies to cope with the foreseeable and unavoidable impact”.
Carbon pricing is key to fostering further decarbonisation in the European Union, but far-reaching reforms to the Emissions Trading Scheme are needed for it to become an effective tool which the EU can use to reach its 2050 decarbonisation goals. This is one of the main conclusions of the report ‘Carbon pricing. Key achievements to date in Europe and optio
The installed capacity in wind power and photovoltaics grew by 20% in 2019.
The new report on the Spanish power sector created by the Naturgy Foundation also includes the increase of production with combined cycles in the last year, which acted as a back-up energy to renewables, as well as the increase in the tariff deficit.