Ignacio Galán: electrification is key to the success of the EU`s Green Deal
(WorldNews Spain)

Davos (Switzerland). `Electrification will be key to the success of Europe`s Green Deal, encouraging European utilities to almost double investments over the next 30 years`, said Iberdrola Chairman, Ignacio Galán, during his participation in the fiftieth World Economic Forum in Davos. Speaking at the Shaping the Energy of the Future panel, Galán also pointed out that this agreement will hopefully serve to `streamline permitting procedures for new infrastructure and reward those companies genuinely transforming their business model to deliver a green economy. To do this, it is essential to measure the contribution that each agent is making today, beyond very long-term objectives.`...