Edison Next will be responsible for managing Energy Savings Certificates (CAE) in Spain.

In its unwavering commitment to leading decarbonization and promoting energy efficiency in Spain, Edison Next, an energy services company and subsidiary of the EDISON energy group and the French giant EDF, will be one of the companies accredited as a Delegated Entity by the Ministry for Ecological Transition and the Demographic Challenge. This distinction will allow Edison Next to manage Energy Savings Certificates (CAE) in Spain, in line with the company’s ambitious vision to lead decarbonization and promote energy efficiency in the country. At the beginning of the year, the Government approved Royal Decree 36/23 regarding the establishment of Energy Savings Certificates (CAEs). As a specialist, Edison Next will have the authority to manage Energy Savings Certificates when companies or public entities present projects that demonstrate final energy savings, enabling financial incentives. The company has the necessary technical knowledge to manage CAEs from various technologies and energy vectors, analyzing energy projects from different sectors. These certificates promote energy efficiency measures that reduce energy consumption and contribute to reducing greenhouse gas emissions, aligning with international decarbonization goals while simultaneously stimulating job creation and economic growth in the energy efficiency sector. An approach that fosters investments in efficiency and generates greater savings for customers. Edison Next considers these certificates key for companies in their goal to boost energy efficiency and improve investment returns, providing clear and concise mechanisms to regulate business initiatives in this direction. In the words of Íñigo Bertrand, CEO of Edison Next Spain, “Energy Savings Certificates represent an important step towards a more sustainable and energy-efficient future. They allow companies to monetize their energy efficiency efforts and contribute to reducing emissions, aligning with international sustainability goals”.  With CAEs, the investment will be significantly reduced, as the value of the certificates will be deducted from the total investment. “Projects that previously required a payback period of 5 years can now achieve it in just 2 years, making companies more competitive and opening a door of opportunities,” notes Bertrand. “Energy Savings Certificates mark a significant milestone on the path towards more effective and flexible energy efficiency in Spain. These certificates will play a fundamental role in allowing companies with energy savings obligations to meet their commitments effectively and adaptably,” explains the executive. In this regard, CAEs represent a paradigm shift in energy efficiency in Spain. Without going any further, the National Energy Efficiency Fund estimates that they will channel a cumulative investment of more than 41,000 million euros over the decade. Of this figure, approximately 30%, that is, around 12,500 million euros, will derive from the application of the catalog of actions in various productive sectors, as established by the National Integrated Energy and Climate Plan (PNIEC). The sectors that will benefit from these investments include industry, which will receive 61% of the investments, followed by services (19.2%), transport (10.5%), residential (7.4%), and agriculture and fishing (1.9%). This demonstrates the breadth and diversity of energy efficiency opportunities that these certificates represent. With a long-term vision and a focus on collaboration, Edison Next seeks to drive the transition towards a more sustainable and energy-efficient future, in addition to stimulating economic growth and job creation in the energy efficiency sector. Therefore, becoming one of the companies that manages Energy Savings Certificates represents an important step, adding to its investment plan of 300 million euros, reaffirming its commitment to leading the transition and decarbonization in Spain. “We believe that the key to achieving the set sustainability goals is the joint and sustained approach of all involved actors, which includes long-term commitment, investment in infrastructure and technology, collaboration, and education, that allow us to achieve a more sustainable future,” concludes Íñigo Bertrand, CEO of Edison Next Spain.