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Our strategy

In our strategic plan, we set out our commitment to achieve a 100% decarbonised economy by 2050, in line with the European objectives of combating climate change

Strategic Plan Update 2021-2023, presented on 25 November 2020.
2021-23 Strategic plan

Increasing investment in renewables and digitisation to accelerate the energy transition and decarbonisation

The new 2021-2023 Strategic Plan presented to the investment community on 25 November 2020 increases investments by 25% to 7.9 billion to speed up decarbonisation and digitisation.

This significant increase in investment focuses on renewable energies and digitisation of the grid, as well as on the electrification of residential demand and demand from sectors such as industry and transport, streamlining the path to decarbonisation and the energy transition.

Renewables

A 30% growth of our renewable energy capability with an investment of 3.3 billion, 20% more than in the previous plan. As a result, 89% of peninsular production will be free of CO2 emissions by the end of 2023. 

Digitisation of the grid

Investment of 2.6 billion, 30% more than in the 2020-2022 plan. 

Electrification of demand

Boosted by Endesa X, with an expected 42% increase in advanced service contracts in homes up to 2.7 million. The charging point deployment plan for electric vehicles will have 56,000 stations operating by the end of 2023. 

Sustainable development

A total of 94% of planned investment is directly linked to the UN Sustainable Development Goals.

2030 vision

A plan to invest 25 billion euros in making 80% of production CO2-free

Looking ahead to the next decade, we project an estimated total investment of 25 billion. This will enable us to increase the percentage of total CO2-free emissions to 80% by 2030.

A total of 10 billion of the estimated investment through to the end of the decade will be allocated to new renewable power to reach a minimum of 18,000 MW. A further 10 billion will be spent on digitalising and modernising the network to improve service and enable flexible demand mechanisms in homes and companies of up to 1,000 MW, among other objectives.

In addition, we have set the goal of reaching 7 million customers in the free market and 575,000 charging points for electric vehicles by the end of 2030.

Previous Presentations

2020-2022 Strategic Plan Update

PDF (2.44MB) Download

2019-2021 Strategic Plan Update

PDF (1.81MB) Download

2018-2020 Strategic Plan Update

PDF (1.85MB) Download

2017-2019 Strategic Plan Update

PDF (2.6MB) Download

2016-19 Strategic Plan Update

PDF (1.83MB) Download

Endesa Investor Day 2015

PDF (2.02MB) Download

Update of Endesa’s 2015-2019 Strategic Plan

PDF (0.33MB) Download

Investor Day: Endesa’s new business plan focusing on the Iberian market

PDF (2.51MB) Download
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