With a history of over 170 years, today IBERDROLA is a global energy leader, the number-one producer of wind power and one of the world’s biggest electricity utilities by market capitalisation. The units supply energy to almost 100 million people in dozens of countries, has more than 600,000 shareholders, a workforce comprising more than 35,000 employees and assets worth more than €122 billion. Thanks to its commitment to clean energy, IBERDROLA is currently one of the companies with the lowest emissions and an international benchmark for the contribution to the fight against climate change and to sustainability. The company has set itself the target of achieving global carbon neutrality by 2050 and it expects its emissions intensity to be almost zero in Europe by 2030. In fact, its CO2 emissions are two thirds lower than those of our EU competitors.
IBERDROLA is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. IBERDROLA units are present today in the several countries and geographical areas, leading energy utility and a benchmark, thanks to its sustainable energy model. In the H2 production field, IBERDROLA, in its mission to lead the energy transition, is spearheading the development of green H2 with over 60 projects in eight countries (Spain, the United Kingdom, Brazil, the United States, among others) to meet the demand for electrification and decarbonisation in sectors such as industry and heavy transport, with a portfolio that will require investments of more than €3 billion by 2030 to produce 400,000 tonnes per year. The company has created a new green H2 business unit with the aim of becoming the world leader in this technology. The group is addressing the technological challenge of producing and supplying green H2 from clean energy sources, powering the electrolytic process with 100% renewable electricity. The green H2 is a new growth opportunity for IBERDROLA.
Role in AMBHER
The main role of Iberdrola in the project is set the foundation for effective development and exploitation of results into the market. It will provide a clear picture of needs and legislative framework. It will provide all the tools and support for ensuring great market impacts of the foregrounds developed and demonstrated during the project. Iberdrola will also participate in the system requirements definition, design and modelling.