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.

Energy and environment

Renewable hydrogen could be a competitive alternative from 2030 if the right policies to incentivise investment are promoted

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.

Energy and environment

International scientists back a climate change adaptation strategy beyond decarbonisation goals

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”.