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Josu Jon Imaz: "Investors in renewable energies require legal certainty".

Repsol's CEO participated in the opening of the Renewable Energy Law program of the University of Navarra at workshop

FotoJota/Fromleft to right: The director of the campus of the University in Madrid, Ángel Gómez Montoro; the CEO of Repsol, Josu Jon Imaz; the dean of the School of Law, Mercedes Galán and the professor and director of the Renewable Energy Law program, Ángel Ruiz de Apodaca.

14 | 09 | 2022

"Investors in renewable energies require legal certainty". The CEO of Repsol, Josu Jon Imaz, recently participated in the workshop opening of the Renewable Energy Law program, promoted by the School of Law of the University of Navarra. 

During his speech at the headquarters of postgraduate program of the University of Navarra in Madrid, Josu Jon Imaz highlighted the current problem of high energy prices, aggravated by the war in Ukraine and Europe's absolute dependence on Russian gas, and called for a fair and competitive energy transition "that ensures the welfare of the people".

In this context, Imaz advocated sustainability and commitment to reduce carbon emissions, but stressed the need to guarantee energy supply and competitiveness. "The reduction of CO2 emissions is basically technological. We must go for an efficient transition, based on industrial capabilities. We must support a local cement plant to be more efficient and prevent it from going to China, where it will generate the same carbon emissions. We export industry and jobs work but, at the same time, CO2 emissions. We reduce carbon emissions in our country but then we generate them with our economic activity", he clarified, and insisted: "Climate change is a global problem that requires general solutions".

 Repsol's CEO stressed the need for Europe to design a common energy policy in order to be more competitive and not fall into other dependencies on rare earths or heavy metals, which could lead to new economic blockades by other countries.

During his speech, Imaz expressed Repsol's firm commitment to reducing CO2 emissions, its commitment to diversification and to becoming a multi-energy company. "Decarbonization is not only electrification: there are sectors that are very difficult to electrify in the short term deadline, such as aircraft or heavy transport," he said. "Either we also decarbonize liquid fuels or we will not succeed in decarbonizing society." He then advocated formulas such as the circular Economics or the use of hydrogen to generate synthetic fuels. "For this, it is necessary to establish a legal framework to regulate the use of these new energy sources," he said. 

Transformation of the model economic, legal and industrial uses.

The School of Law of the University of Navarra, in partnership with the law firms Ontier, Herbert Smith and Toda & Nel-lo promotes this year the new program of training permanent of Renewable Energy Law. model The course, which begins on September 20th, offers a complete and advanced vision of the transformation of the economic, legal and industrial uses of renewable energies, from the perspective of internship.

The program addresses all the elements that make up the start-up and operation of so-called clean energy generation facilities, from development of project, permits, authorizations, licenses, contracts of development, financing, contracts of project, litigation, taxation and new trends in subject of renewable energies, their regulation and application.