Electrification of demand
In terms of the electrification of demand, in our Strategic Plan, we set out to ramp up the efforts that we have been making for years. Endesa X, our subsidiary set up to decarbonise energy uses in homes, companies, industries and public administrations, in playing a key role in this objective.
Endesa X, a leader in Spain's network of electric vehicle charging points, plans to have installed 56,000 public and private charging points by the end of 2023, adding to the 8,000 already existing at the end of 2020. Electrification of demand through Endesa X will get a strong impetus with the expected 42% increase in advanced home service contracts (E-home contracts) to 2.7 million.
A fair energy transition
As we work to promote the change in the energy model, we are committed to contributing to ensure that the transition to an emission-free economy is fair, and we are working to mitigate the economic, environmental and social consequences that these changes may have. That is the objective of the Futur-e plans that we are promoting in the vicinities of the thermal power plants that are in the closing-down phase.