One of our main commitments as we move towards a sustainable energy model is the promotion of clean energy.
We currently manage, through our renewable energy subsidiary, Enel Green Power Spain (EGPE), 8,389 MW of installed renewable capacity in Spain. In our Strategic Plan for 2022-2024 we have strengthened our commitment to clean energy by promoting decarbonisation: Our renewable energy capacity will reach 12,300 MW of solar, wind and hydraulic energy by the end of the plan.
The growth in renewable energies will enable 92% of energy production in the Spanish mainland to be free of CO2 emissions by the end of 2024, six percent more than at the end of 2021.
This ambitious project to decarbonise our electricity production will enable us to become a totally emission-free company by 2040, with 100% of our generation linked to renewable sources.
We apply a creating shared value (CSV) model to the construction, maintenance and operation of renewable plants that incorporates the priorities and needs of local communities into the business strategy. This model enhances the operating efficiency and the sustainable approach of the projects by promoting social, environmental and energy efficiency measures in the towns around the plants.