Iberdrola secures EU support for eight industrial heat‑electrification projects

Iberdrola won eight projects in the European Commission’s first auction for decarbonising industrial heat, securing almost €50 million in grants. The projects will require about 240 GWh of renewable electricity per year and will mobilise more than 150 MW of renewable capacity through long‑term power‑purchase agreements. The initiatives use electric boilers to electrify heat in […]