Iberdrola United States participated on Wednesday in a high-level meeting with the president Joe Biden at the White House, being the only European company invited to the meeting, the company has reported.
During the meeting, which was also attended by the Secretary of Energy, Jennifer Granholm, and the climate adviser of the White HouseGina McCarthy, the priorities of the electrical infrastructure investment program have been discussed.
Clean energies
The meeting focused on clean energy tax credits and the long-term benefits they will bring to consumers, as well as the need to build new transmission and storage infrastructure to strengthen the systemexponentially increase the share of clean energy in the generation mix and support the deployment of electrification of transport and other sectors of the economy.
A meeting was also held with the Secretary of Energy, the adviser to National security of the White House, Liz Sherwood-Randall, and the National Director of Cybersecurity, Chris Inglis, who discussed the increase in collaboration between the Administration and the private sector to deal with cybersecurity threats to electrical networks and installations, strategic assets of the economy as well as making it more resilient in response to severe weather events that require significant spikes in demand.
President Biden has shown that the construction of modern and resistant infrastructures climate change is key to its economic plan and a clean energy future, and that participating companies will play a key role in building a sustainable future and creating more jobs.
The meeting is being held at a time when progress is being made on a new version of the so-called Build Back Better Act, at a cost of 550 billion dollars in energy and climate. It includes more than $300 billion in new tax credits for wind and solar energy, among other technologies.
in 25 states
In less than two decades, the company chaired by Ignacio Galán has not only been listed on the NYSE, but to position itself as one of the largest electrical groups in the country, present in 25 states. This is due to the important commitment it made 17 years ago to clean energy in the country, where it already has more than 8,000 MW installed, has more than 170,000 kilometers of power lines and manages eight public service companies in New York, Connecticut. , Maine and Massachusetts, serving a population of nearly 10 million people.
Specific, Iberdrola It is positioned as one of the three largest renewable energy companies in the country, mainly with its new offshore wind projects, with a portfolio of 4,900 MW.
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In the US, it will invest more than 30,000 million dollars in the period 2020-2025 in transmission and distribution networks and renewables, which will allow it to practically double its renewable power by 2025. These investments are aimed at increasing its presence in the sectors of offshore wind and photovoltaic, in addition to strengthening its leadership in onshore wind power.
The company highlights its role as a “pioneer” in the development of the wind market American marine, with investments of more than 10,000 million only in the three parks that it already has in operation.
offshore wind farm
Construction has recently begun on Vineyard Wind One (800 MW), the first large offshore wind farm in the country. In December, Avangrid A contract was awarded for the Commonwealth Wind offshore wind farm in Massachusetts. The 1,232 megawatt (MW) project, New England’s largest offshore wind project to date, will involve an investment of $4 billion and create 11,000 jobs.
The company also owns the Kitty Hawk development area (2,500 MW), in Carolina from North; It has already started the process of obtaining BOEM permits for the Kitty Hawk North project (800 MW), the first project to be developed in this area, and manages other wind farms in an earlier phase of development.
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