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Iberdrola Secures Eight Projects In EU Industrial Heat Auction To Advance Clean Energy Transition

Summary by solarquarter.com
Iberdrola has secured nearly €50 million for eight decarbonisation projects aimed at reducing industrial heat emissions through direct electrification using electric boilers powered by renewable energy. These initiatives span various sectors and contribute to significant CO2 reductions, enhance energy efficiency, and support a smooth transition to cleaner energy sources in Europe. The post Iberdrola Secures Eight Projects In EU Industrial Heat A…
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Iberdrola has been awarded eight European Commission projects to decarbonize industrial heat, for an amount of 50 million euros. It is the first European auction of the Innovation Fund focused on direct heat electrification, a decisive step to replace fossil fuels with renewable electricity in intensive sectors. Spain dominates the auction with 24 projects, almost 40% of the total The auction, managed by the European Executive Agency for Climate…

Iberdrola and its important role in supporting the industry Iberdrola Comprehensive Solution has been awarded eight projects at the first European auction for the decarbonization of industrial heat promoted by the Innovation Fund of the European Commission. The European proposal seeks to accelerate the process of substitution of fossil fuels by renewable energy in energy-intensive industrial sectors. The projects of the Spanish energy company ar…

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Iberdrola has been awarded eight projects by the European Commission (EC) to electrify energy-intensive industry, which will mobilize 150 megawatts (MW) and for which it will receive 50 million euros in aid, according to a statement released on Tuesday.

Iberdrola has been awarded eight projects of the European Commission (EC) to electrify the intensive industry, which will mobilise 150 megawatts (MW) and for which it will receive 50 million euros in aid, as stated in a statement this Tuesday. Read more: Former Minister Isabel García Tejerina renews in Iberdrola after accumulating 3 million between salary and shares This is the first European auction of decarbonization of industrial heat promote…

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economiadigital.es broke the news on Tuesday, June 2, 2026.
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