
by Mario Díaz-Cruz, III
Chairman, The Spain-U.S. Chamber of Commerce
Energy. At the end of the day, we can probably all agree, we've only got so much of it.
But what if there were a company that could promise unlimited energy? An unlimited supply that is renewable on a daily basis?
Thanks to Spain's energy giant Iberdrola, we are discovering the vast potential that renewable energy sources have to offer. From wind to solar to biomass, renewable energy is the wave of the future.
Two overriding factors drive the need for renewables: a concern for the environment, and the effects of decreasing supplies of nonrewable sources.
Experts debate exactly when it will happen, but most can agree that nonrenewable sources such as oil and natural gas are reaching, or perhaps have reached, their peaks in production.
There seems to be more unanimous agreement that the environment is paying a heavy toll for the burning of nonrenewable fuels and the subsequent release of greenhouse gases. This year, perhaps for the first time, all three principal U.S. presidential candidates agree on this point. Their platforms' distinctions lay in how to deal with the issue.
Nearly a decade ago, Iberdrola recognized the growing importance of transitioning to renewable forms of energy on an international scale. With a 100-year history of tapping into renewable resources, such as hydropower, in Spain, Iberdrola picked up the mantle of renewables and has made it its own.
This June, we honor Iberdrola and its Chairman and CEO Ignacio S. Galán with the Spain-U.S. Chamber of Commerce's Business Leader of the Year Award, in honor of his and his company's successes in building an international powerhouse. Iberdrola is helping pave the way toward a renewable energy future, decrease the environmental impact of the energy industry, and wean us off nonrenewable sources.
Energizing, indeed.