sustainability and emissions reduction <\/strong>targets required by European Union regulations and the market itself.\u00a0<\/p>\nIts proposals relating<\/strong> to the first Innovation Fund auction are highly significant within the energy transition process towards<\/strong> cleaner energy,<\/strong> moving away from the use of fossil fuels, in this case within the industrial sector.\u00a0<\/p>\nThe EU Innovation Fund auction<\/strong> comprises up to 65 projects and is<\/strong> managed by the European Climate, Infrastructure and Environment Executive Agency (CINEA).\u00a0<\/strong><\/p>\nIt offers up to \u20ac400 million in funding,<\/strong> and Spain leads the call with 24 of the 65<\/strong> awards. Eight of these are for Iberdrola; thus, the Spanish energy company has secured nearly \u20ac50 million <\/strong>in funding, representing approximately 35% of the total <\/strong>awarded in Spain and providing a significant boost to accelerate the electrification of industrial heating<\/strong> in the country.\u00a0<\/p>\nThe challenge at hand, which Iberdrola fully supports, is clear: in addition to reducing emissions, the aim is to create a cleaner and more energy-efficient <\/strong>industrial sector, which will result in greater competitiveness and resilience in the face of market fluctuations, particularly regarding fossil fuels.\u00a0<\/strong><\/p>\nDecarbonisation is the future, <\/strong>and this is the view taken by the European Union. Iberdrola is also on this path towards a cleaner and more environmentally friendly economy and industry.\u00a0<\/strong><\/p>\nThe implementation of these Iberdrola projects includes long-term energy supply agreements <\/strong>(Power Purchase Agreements<\/strong> or PPAs) that will mobilise over 150 MW of renewable energy. <\/strong>These initiatives are in addition to two other PPAs signed <\/strong>by Iberdrola in Spain with companies in the metallurgical and data centre sectors, which together represent a further 90 MW of renewable energy.\u00a0<\/strong><\/p>\nComprehensive solution\u00a0<\/h2>\n
Iberdrola offers a <\/strong>comprehensive solution covering the design, construction and operation of the facilities, as well as<\/strong> the supply of the renewable energy needed to produce electrified heat, <\/strong>as the company itself has reported.\u00a0<\/p>\nThe aim is to achieve an efficient decarbonisation<\/strong> process whilst maintaining or increasing the industry\u2019s competitiveness.\u00a0<\/strong><\/p>\n\u201cThis funding enables us to accelerate<\/strong> real, mature initiatives that improve our customers\u2019 competitiveness, reduce their heating costs, lessen their exposure to the volatility of fossil fuels and advance decarbonisation targets,\u201d explained Fernando Mateo, head of industrial decarbonisation at Iberdrola. \u201cThe direct electrification<\/strong> of industrial heat is one of the most effective levers for cutting emissions in the short term, and the European auction demonstrates that there is a solid portfolio <\/strong>of viable projects ready to be rolled out from now on,\u201d he said.\u00a0<\/p>\n<\/p><\/div>\n Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from contentand romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation, and don’t publish clone new content more than just one time<\/p>\n","protected":false},"excerpt":{"rendered":"
Iberdrola and its significant role in supporting industry\u00a0 Comprehensive solution\u00a0 Iberdrola has been awarded eight projects in the first European auction for the decarbonisation of industrial heat, driven by the European Commission\u2019s \u201cInnovation Fund\u201d. The European initiative aims to accelerate the process of replacing fossil fuels with renewable energy in energy-intensive industrial sectors.\u00a0 The Spanish […]<\/p>\n","protected":false},"author":3,"featured_media":14933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[11],"tags":[940,3092,3096,3097,1182,12468,806,787,790,234,3095,791,551,208,12467,3093,847,1987,4311,3088,3094,3098,789],"class_list":["post-14932","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-american","tag-characters","tag-content","tag-creation","tag-dont","tag-electrify","tag-energy","tag-espana","tag-european-union","tag-experience","tag-expert","tag-iberdrola","tag-industry","tag-l","tag-medio-ambiente","tag-native","tag-plans","tag-projects","tag-renewable","tag-rephrase","tag-speaker","tag-talk","tag-union-europea"],"_links":{"self":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/14932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/comments?post=14932"}],"version-history":[{"count":1,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/14932\/revisions"}],"predecessor-version":[{"id":14934,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/14932\/revisions\/14934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media\/14933"}],"wp:attachment":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media?parent=14932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/categories?post=14932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/tags?post=14932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}