Iberdrola Renovables Chairman meets British PM

• 14 years ago (2009-10-20)
• Junior Isles

Europe 1061 Nuclear 640

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Ignacio Galán, Chairman of Iberdrola Renovables, met Gordon Brown, Prime Minister of the UK at 10 Downing Street, and expressed his interest in contributing to the development of the UK’s energy system through clean technologies.

Iberdola is the largest renewable energy company in the UK, and the third largest electricity distributor through its subsidiary ScottishPower. Galán said that ScottishPower has a workforce of 9000, five million customers, invested £1 billion in 2008, turned over £7 billion, and made purchases of around £1 billion from 2000 local suppliers.

The company claims to be focusing on developing its renewable energy portfolio in the UK, as well as participating in the programme to develop new nuclear power plants and start up carbon capture and storage (CCS) plants. ScottishPower aims to become a world leader in CCS, and has located its centre of excellence in this field in the UK. The subsidiary has also participated in the British Government bid to construct a CCS plant, and has started up a pilot plant at the Longannet thermal power plant, making it the only company in the UK so far able to offer CCS technology that is already operational.

Iberdrola has also formed a consortium with GDF-Suez and Scottish & Southern Energy to bid for new nuclear power plant contracts in the UK.