At this point it is already quite evident that we need to rethink the way in which we obtain our energy, something that, moreover, is perfectly feasible. As early as 2015, Stanford University published a study on the feasibility of the transition to renewable energy. In this analysis, the researchers, led by Professor Mark Z. Jacobson, showed that it is technically feasible and economically viable for the world to be supplied entirely by renewable energy sources by 2050.
For all these reasons, with the consequences of human activity on the climate already knocking on our door, it is clear that the time has come to definitively promote an energy transition that is of vital importance for various reasons. First, this transition will allow us to address climate change and reduce greenhouse gas emissions. By switching from fossil fuels to renewable and sustainable energy sources, we will mitigate the impact of global warming. In addition, promoting the energy transition will help us achieve energy security by diversifying our energy matrix and reducing our dependence on specific resources that are sometimes limited and that may no longer be available due to various circumstances.
This energy transition also has direct benefits for everyone’s health and quality of life. In addition, it also drives technological innovation and economic development because investment in renewable energy creates employment in sectors such as the manufacture, installation and maintenance of renewable energy systems.
We Choose Earth Tour, a place to discover the future
All these issues, and many more, will be discussed next June 22 at the We Choose Earth Tour conference, which will be held at the EDP Gran Vía Theater in Madrid and is promoted by EDP. An appointment that seeks to awaken, energize and empower attendees and society in general to adopt a global vision in terms of environmental preservation and social development.
The event will feature the participation of leading international experts, including scientists, academics, businessmen, artists and environmental advocates. During the conference, the future of energy and the pressing need to transition to renewable energy sources will be discussed.
Changes are urgently needed to curb climate change and reduce greenhouse gas emissions
Among the most prominent speakers that will be present at the event are Amal Clooney, a lawyer specializing in international law and human rights, as well as an activist; Adam Grant, renowned organizational psychologist and author of best sellers as think again; Céline Cousteau, filmmaker, explorer and environmental activist and Peter Frankopan, professor of global history at Oxford University, among many others. Miguel Stilwell D’Andrade, CEO of EDP, will also attend the event, which will also include the participation of artists such as Macaco and the Reina Sofía School of Music.
With this action, EDP, a company that began its shift towards renewable energies two decades ago, intends to draw attention to environmental problems, contribute to generating a debate in society on this subject and, ultimately, collaborate to make of ours a more just and sustainable society for all.
The project makes perfect sense if it is put in context with the actions that the company itself is carrying out through solid investments in hydraulic, solar and wind energy. EDP is totally committed to the energy transition and, furthermore, without leaving anyone behind.
The key: you have to make a real change
Currently, 75% of the company’s production, which operates in 29 markets, comes from renewable sources, but it is far from stopping there. In the 2023-2026 period, EDP intends to invest 25,000 million euros to further advance this process. Among some of his projects we can highlight the following:
• The deployment of renewable energies will increase by 4.5 GW per year, with a total of 18 GW gross added by 2026, with the goal of reaching a renewable installed capacity of 33 GW by 2026 and with the ambition to reach more than 50 GW by 2030.
• Investments in renewable energy diversified by technology: onshore wind (40%), commercial-scale solar photovoltaic (40%), distributed solar generation (12%), offshore wind (5%) and hydrogen storage (3%).
• Investment of 3,000 million euros in digitization and innovation to promote efficiency and sustainable growth.
• In Spain, EDP intends to lead the energy transition through transformation projects of its thermal power plants in sites linked to renewable energy, green hydrogen, energy storage and the flexibility of the electrical system.
• Also in our country, the company wants to reach 7,000 public charging points in 2026 to promote electric mobility.
• Finally, EDP wants to promote self-consumption with the goal that 1 in 4 Spanish customers have batteries associated with their own solar installation by 2023.
It is time to act and take concrete steps to achieve a cleaner and more resilient energy future. We play a lot!
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