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.

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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

Andris Piebalgs: “Participants in the energy markets must have suitable incentives to operate efficiently in the short term and invest appropriately in the medium and long term.”

Today in Madrid, the Energy commissioner stated that it is necessary “to promote flexibility in the wholesale market and provide clear pricing signals to encourage continuous penetration of renewable energy and to guarantee investments.”

The researcher at the Centre for Monetary and Financial Studies, Jorge Padilla, spoke about incorporating renewable energy into the wholesale electricity market and supported the need to design suitable capacity remuneration mechanisms.