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"The solution to curb climate change already exists without technological or financial risk."

Acciona's CEO, Rafael Mateo, participates in a roundtable at the University of Navarra's campus in Madrid.

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Some of the attendees during the meeting PHOTO: Communication Service
28/02/19 12:01 Communication Service

"The energy transition is not uncertain: on the contrary, it is rapidly becoming a reality on a global scale, and the most positive thing about it is that the solution to curb climate change already exists without technological or financial risks," said Acciona CEO Rafael Mateo at a roundtable organized at the University of Navarra's campus in Madrid.

The event, organized by the School of Engineering of the University of Navarra, brought together experts in the energy sector to reflect on major current challenges such as climate change, renewable energies and electric cars.

"Renewables are fully proven and the huge cost decreases they have experienced in recent years make the energy transition affordable and sustainable," continued Acciona's CEO. "Power generation from renewable sources is already fully competitive with nuclear or fossil-based power in most regions."

Ivan Martén, former Vice Chairman of BCG Energy Practice and Independent Director of energy companies, sees a future in which a mix of energies will be needed: "In 2030, more than two-thirds of energy demand will be in the so-called emerging countries (Asia, Middle East, Africa), which aspire to a quality of life similar to that of the West. Nor should we forget that there are currently one billion people in the world without access to electricity. And that 230 million people cook in unhealthy conditions. In this global environment, priorities (cheap energy, sustainability, etc.) and access to different types of energy resources are very different depending on the context of each country (population growth or economic development , among others)".

On the other hand, Ignacio Martín, former CEO of Gamesa and current professor of the Master's Degree in Industrial Engineering at Tecnun-University of Navarra, pointed out that to be a good manager in uncertainty, "you need agile organizations, quick decision-making, organizations with little bureaucracy and, in general, low break even costs".

The moderator of the event has been the former student of Tecnun- School of Engineers of the University of Navarra, Ramón Ordás, and after the questions of the more than one hundred attendees that have been given quotation, an aperitif has taken place in the facilities of the headquarters of postgraduates of the University of Navarra in Madrid.

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