Iberdrola CEO Says 'Never Late' to Build Renewable Energy Capacity

The video discusses the increase in carbon pricing across the EU and its role in promoting renewable energy. It highlights the rising energy prices in Europe and the need for aggressive investment in renewables to meet EU decarbonization targets. The speaker emphasizes the importance of clear and predictable frameworks for investment. The expansion of electric vehicles is compared to the mobile phone boom, with a focus on avoiding bottlenecks in charging infrastructure. The video concludes with a discussion on financial strategies and mergers and acquisitions, emphasizing the importance of not overpaying for assets.

What is the primary goal of increasing carbon prices in the European Union?

• To reduce the cost of fossil fuels

• To switch from traditional fossil fuel technologies to renewables

• To increase government revenue

• To promote the use of coal

What is a significant factor contributing to the rise in power prices across Europe?

• Decrease in oil prices

• Increase in carbon prices

• Increase in renewable energy production

• Decrease in coal prices

What is necessary to achieve the 2030 decarbonization targets according to the second section?

• Relying solely on government funding

• Establishing clear and predictable investment frameworks

• Increasing investment in traditional fossil fuels

• Reducing investment in green technologies

What is the company's stance on the expansion of electric vehicles?

• They want to be the bottleneck in the expansion

• They expect a boom similar to mobile phones

• They are not interested in electric vehicles

• They believe it will not be as significant as mobile phones

What is the company's approach to mergers and acquisitions?

• They are willing to overpay for strategic acquisitions

• They focus on ensuring expected returns and not overpaying

• They avoid any mergers and acquisitions

• They prioritize acquiring companies with no synergies