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Enagas approves new organizational structure to focus on decarbonization

Oil&Gas Materials 21 June 2022 14:25 (UTC +04:00)
Enagas approves new organizational structure to focus on decarbonization
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, June 21. The Board of Directors of Spanish Enagas has approved a new organizational structure to develop the Strategic Plan the company will soon be presenting, Trend reports with reference to the company.

Reportedly, the new organization is a response to the goal of focusing on energy transition and security of supply in Spain and Europe. It promotes innovation to aid in the decarbonization process. Renewable hydrogen will play an essential role in reaching this goal.

This new structure allows for an Executive Committee to be created. It prepares the company for any business challenges that may arise from the new European paradigm established by REpowerEU and the Fit for 55 program.

The new executive structure reflects a more agile approach to facilitate transformation. It focuses on the new opportunities facing the company in the present context and has a clear commitment towards decarbonization.

As part of its commitment to sustainability, Enagas is keen to utilize new energy solutions that allow the company to transition towards a more sustainable model.

For this to happen, Enagas’ work is structured around three main lines of action: the development of renewable gases and their integration into existing gas infrastructures; the promotion of new gas uses in sectors such as transport, especially maritime transport; and energy efficiency as a vessel for optimizing resources and reducing contaminating emissions.

Enagas also contributes to the decarbonization process through Open Innovation and Corporate Entrepreneurship Program, Enagás Emprende, which promotes start-ups that are focused on making the energy sector more efficient, competitive and sustainable.

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