Bizkaia is the largest of the three Historic Territories of the Basque Country and its capital, Bilbao, the main city in the north of Spain and the Atlantic Arch of Europe.
At international level Bizkaia has earned itself a position as a knowledge hub and an industrial reference centre in the field of energy. A strategic sector with significant dynamism throughout its value chain and which leads the energy transition.
Energy: a strategic sector for Bizkaia
A sector committed to reinforcing its referential position and leadership in the energy transition, the diversification of energy sources, the promotion of renewable energy, Smart Grids and the development of the Basque Hydrogen Corridor.
The region possesses the features to create a hydrogen economy hub: the refinery, the port and the consumption centres. Thus, Bizkaia is firmly committed to a hydrogen ecosystem that promotes both the industrial and technological development of the productive sector and the decarbonisation of industrial processes and sectors such as transport.
Bizkaia has trailblazing, leading global companies such as Iberdrola, Petronor and their entire chain of suppliers, and the presence of important international corporations with manufacturing plants and R&D centres in Bizkaia, such as Alstom, Siemens, General Electric and ABB.
Companies from the energy sector are supported by a robust scientific-technological infrastructure that is committed to the creation of knowledge and innovation.
The Energy Intelligence Center is a Centre for the promotion of the competitiveness of companies in the sector based on competitive intelligence, technological development, the creation of knowledge and access to the most advanced markets.
Strategic initiatives – energy in Bizkaia.
Reference firms in Bizkaia in the field of energy
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Even though the clean energy transition is catching a rapid speed globally, fossil fuels are still expected to meet the majority of the world’s energy demand for the upcoming years. With ambitious net-zero goals set by corporates, governments and investors it is crucial now more than ever to understand how to measure, report, react and reduce one’s emissions. Interpreting one’s emissions and accelerating the deployment of technological breakthroughs such as carbon capture, removal, and utilization technology are essential in tackling climate change. The Carbon Removal and Emissions Management Summit is dedicated to exploring how we can effectively measure scope 1-3 emissions, establish a rigid reporting/evaluation framework and rapidly accelerate the commercialization of carbon-removal technologies as key solutions on the pathway to net-zero carbon emissions.
Decarbonizing our economies is one of the most pressing challenges policy shapers have ever faced. It touches every part of our economies globally, and the majority of capital dedicated to decarbonization originates from the governments. If we want to reach net-zero emissions globally by 2050, innovators and policymakers must join forces to make it a reality. The Policy Summit is where the world’s policy shapers gather to support the global response to the threat of climate change and createtionable commitments. Much work and collaboration are needed to turn today’s impressive ambitions into reality. However, through the constructive dialogue between innovators and policy shapers, we can put real targets in place that actual actions will follow to reach our net-zero goals.
Clean energy technologies are perceived to threaten overwhelming the current grid. The need for local resilience in the face of distributed energy resource deployment and climate chaos is growing all the time. The energy world is changing rapidly and systems designed around big, centralised power plants and one-way power flows is grinding against the rise of smarter, cleaner technologies that offer new ways to generate and manage energy at the local level.
The future of the energy sector has to face the transformation challenges while maintaining the reliability and safety of the energy systems. Applications of dynamic automation solutions in the energy sector worldwide are advancing these objectives in a number of ways, be it robotic enabled information acquisition, unlocking latent data, automation of system engineering, or machine enabled optimisation of system performance. We are excited about these important innovations, which will make energy systems better and allow industry talent to focus on high level challenges, while the robots take over dangerous and tedious work.
As the energy transition gains momentum in the broader power sector and new energy areas, the digitalization of the traditional utilities and the emergence of fully digital new entrants is the next trend. However, being utility is not just selling energy to the consumers anymore. Customers are expecting a full subscription model offering them a range of products to manage, store and generate their energy. While Utilities are embracing data analytics tools to better understand their customers, trade energy and provide a better digital customer experience. Thus, we will explore, how the energy companies are evolving to capture the new opportunities and who will be the winners in this market over the next decade?
Hydrogen – It’s been a buzzword in energy for a while, but no fruit. What’s changed? It’ll help ease the transition of electrification, or it might fully replace it. Hydrogen has the potential to not only decarbonize the generation of electricity, but also decarbonize transport and heating. What makes Hydrogen especially interesting is that most of the infrastructure is already in place, as well as the fact that it can also be used for the storage of renewable energy. It’s an electric alternative without any of the sacrifices that come with stepping away from classic mobility and energy. It’s also the most abundant element in the universe, and if it can power stars, why hasn’t it taken over the world yet?
Vehicle design is shifting away from the use of fossil fuels and carbon gas emissions, with electric vehicles being the central part of this change. While battery prices are decreasing, electric vehicles are becoming more affordable. More than half of all vehicles on the road in Europe will be electric by 2040 and China is dominating EV sector with 2 million in sales next year. With ridesharing and micro-mobility innovations taking the world by storm, we are set to move to a completely electric future.
In the world’s transition to electricity as a source of final energy demand, batteries and battery innovation are set to play a crucial role. Growth of EV market alone is set to substantially increase battery demand. By 2050, about 50% of electricity will be generated by renewable resources, which make energy storage devices a necessary part of the grid for balancing purposes. Grid scale storage is projected to increase 13x, with batteries making up a lion’s share. EV market growth, importance of residential and grid scale storage make batteries central to the world’s electrification.
Think. Act. Disrupt.
Energy Tech Summit 2022 is bringing together professionals from all over the globe for exclusive talks, hands-on learning experiences and industry insights on the worlds of Energy and Mobility. Immerse yourself in over 100 Speakers Talks, get-togethers with both the pioneers of today and the disruptors of tomorrow. Dive deep into the industry, learn from the best, and connect with people who build things – your next big thing starts here, on the main stage.
