Iberdrola signs a wind sale agreement to Renfe up to 2035
Iberdrola and Renfe They have signed a terrestrial wind purchasing agreement through a long -term agreement for the sale of virtual energy (VPPA) of 370 Gigavatios Hora (GWh) per year during a period of 10 exercises, production equivalent to that generated by 190 megawatts (MW) wind.
As reported on Thursday the company chaired Reduction of annual CO2 emissions in Spain of more than 2 million tons.
“With this agreement with Renfe we contributed to value electrification without emissions in the transport sector, which is responsible for more than one third of energy consumption in our country. Collaborations like this are essential to support the development of a renewable electric mix. The PPASthrough its different modalities, they are a Key tool for customers who want to ensure renewable energy at a fixed price Already long term, “said David Martínez, Customer Director Spain of Iberdrola.
For its part, Marta Torralvo, RENFE Economic-Financial General Director, stressed that this agreement represents a new step within the Renfe energy management of the Energy Management. “Through this contract renewable energy production projects are promoted, At the same time that the price of Renfe’s energy is stabilized, which we consider very positive for the management of the company, “he stressed.
According to Torralvo, “the high volatility of energy prices was causing important alterations and uncertainties In the evolution of the results “of the company, so that this energy purchase agreement with Iberdrola makes the costs” predictable “.
The Economic-Financial General Director of Renfe has also highlighted that Renfe trains set up the traveler and merchandise transport system of Spain that consume less energy per unit transported. “In fact, Its carbon footprint is between 20 and 30 times lower That emissions from cars or airplanes, “he said.
Leader in the European PPA Market
Iberdrola manages energy purchase agreements in Spain, Portugal, Germany, Italy, United KingdomThe United States, Brazil, Mexico and Australia, of wind projects – terrestrial and marine – and photovoltaic.
According to the ‘Pexapark Renewables Market Outlook 2025’ report, Iberdrola has been confirmed, for the second consecutive year, as Leader in the European market of PPA, with 1,251 MW hired in 202438% more compared to 2023.
Sánchez Galán’s energy has signed PPAS with Amazon, Bayer, BP, Telefónica, Burger KingSalzgitter, Microsoft, Meta, Mercedes-Benz and Vodafone, among other companies.
The operation with RENFE is part of a broader strategy of the railway group for the coverage of energy costs, which will allow the company to mitigate the volatility of the electricity market and advance in its environmental sustainability objectives.
Thanks to the measures applied in recent years, Renfe has managed to reduce its carbon footprint per unit transported by 90.4% Regarding 1990, year of reference established in the Kyoto protocol. In this way, Renfe practically triples the objective of reduction of emissions marked by Spain by 2030.
