Forestalia joins the campaign ‘For the Climate’ against climate change.

The facilities that the company will develop, in the framework of the auctions of renewable energies, will allow to avoid two million tons of CO2 per year.

Forestalia has joined the campaign “For the climate”, an initiative against climate change that works for compliance with the Paris Agreement and the deployment of the Sustainable Development Goals. The campaign, of international projection, is promoted in Spain by social entities, companies, environmental non-governmental organizations, business associations and the General State Administration.

The contribution of Forestalia to the energy market will represent an important contribution in the coming years to the improvement of the environment and the mitigation of climate change through the prevention of emissions. The company has a portfolio of renewable energy projects of 3.6 gigawatts (GW), including the awards of the auctions of the Ministry of Industry in 2016 and 2017, where Forestalia was the largest contractor with a sum of almost 2 GW. The facilities derived from the auctions will be operational in the horizon of 2019 and 2020, in compliance with the respective resolutions of the auctions.

Emissions savings

The facilities that Forestalia will develop in the framework of the renewable auctions will suppose a saving of emissions of more than two million annual tons of CO2 with respect to what would be the generation of this same energy through fossil fuels. For this calculation, the ratios and estimates of the sectoral groups have been followed, such as the Wind Business Association (AEE).

In the power generation plants using agroforestry biomass, the CO2 balance is neutral, since the emissions from the facilities are equivalent to the CO2 that the biomasses have fixed from the atmosphere during their growth. Compared with fossil fuels, it is estimated that the contribution of the plant that Forestalia constructs in El Bierzo (León) will mean the reduction of 120,000 equivalent tons of oil.