In what areas of the energy sector are Dominion and what prominent projects are being developed?
In Dominion we accompany our clients in their transformation towards more efficient and environmentally sustainable business models. To achieve this, we are relying on our sectorial knowledge and the application of technology with a different approach, positioning ourselves through our services and projects as an enabling agent of the three great transitions that society is going through: the energy transition, the socio-digital and the industrial.
In the first of the transitions, the Energywe visualized two areas Fundamental opportunity: Electrification and development of renewable energy.
In the electrification area, we display and maintain nets of low, medium and high voltage and develop electric mobility projects – electric charges, for example – in several countries in Europe and Latin America, such as Chile, Peru, Colombia or Spain.
In renewable energieswe build large -scale photovoltaic plants and we participate in its promotion and operationas key in hand. At present, we maintain a solid presence in Dominican Republicwith four projects in operation of more than 300 MWP, 60 MWP in construction and more than 200 MWP in the development phase. In parallel, we are expanding our activity in Italiawith the construction of our first projects in Sicily and Basilicata.
Another of the transitions, the industrialaddresses the necessary changes to have a more sustainable industry and with lower environmental impacts. There are two work areas with great growth opportunities, where we are already working since Dominion. On the one hand, the Circular economy And, on the other, the Deperbonization. And in both cases, the energy industry has important challenges, which are business opportunities for us.
How does Dominion contribute to decarbonization and the circular economy in the energy sector?
Energy industries, like many others, have important challenges around decarbonization, that is, they need to reduce their emissions, improve heat use and use efficiently the energy that its productive processes require. From Dominion we carry out many projects that, through the Improvement of its infrastructure or process modificationthey pursue this end.
On the other hand, in the circular economy, there is a growing trend in the valorization of industrial waste and the reuse of critical materials. For example, the Water and hydrocarbons recovery In the Oil & Gas industry, where we have a leadership position, it is only part of a broader strategy to reduce the environmental footprint of the energy sector. From Dominion we bet on providing a Comprehensive waste management solution which begins with the industrial cleaning service, and closes the circle with the treatment and valuation of waste.
How does the company see the future of the energy sector and its transition to renewable energy?
In Dominion we see the future of the energy sector as a accelerated transformation process towards more sustainable, efficient and digitized models. The transition to renewable energies is irreversible and will be marked by three great trends:
On the one hand, the Renewable energy development It will continue to grow, with technologies such as solar and wind gaining prominence thanks to its greatest efficiency and lower cost. In addition, the digitalization of electrical networks will be key to optimizing demand management and guaranteeing system stability, incorporating artificial intelligence and big data for more efficient operation. We are also attending a decentralization of the energy modelwith a boom of self -consumption and energy communities, where consumers become «prosumers» with greater control over their energy.
In this context, our vision is continue developing sustainable solutions and contributing to the progress of a more efficient energy model.
What benefits does digitalization and automation provide in the development of electrical networks and renewable energy plants in Dominion?
The Digitization and automation They are key to making the vast majority of Most efficient business processes. And this is also fulfilled in the development and management of electrical networks and renewable energy plantsmaking them more efficient, safe and sustainable.
Thanks to digitalization, we can optimize the operation of our facilities in real time, minimize inactivity times, improve demand forecast, and maximize the performance of renewable energy. In addition to optimizing predictive maintenance to reduce costs and prolong the life of the facilities. In the case of electrical networksthe implementation of Intelligent networks It allows more flexible and resilient management, facilitating the integration of renewable sources and guaranteeing the stability of the supply.
What are the main regulatory challenges that energy companies have and how are Dominion to face them?
He Energy sector It is constantly evolving, with increasingly demanding regulations that force us to adapt rapidly. The transition to a more sustainable matrix and the reduction of COâ ‚‚ emissions are two of the main challenges we face.
The regulation It will continue to mark the rhythm of the sector, but in Dominion we see these challenges as an opportunity to continue innovating and leading the change towards a more efficient and sustainable model.
What are the strategies that are carried out from Dominion to reduce emissions and contribute to a more sustainable ecosystem?
Our most important role is Help our clients, through our services and projects, reduce their emissions and their impact on the environmentsince we are not an intensive broadcast company.
But we are coherent and, within our Sustainability strategyemission reduction is one of the 5 main work areas. We have developed a decarbonization plan for the 2025-2030 period, aligned with the SBTI initiative and the objectives of the Paris Agreement. Our goal is to reduce direct and indirect emissions by 42% (scope 1 and 2) through the electrification of equipment and fleets, the use of low carbon fuels, the improvement of energy efficiency and the increase in renewable energy consumption. As for our value chain (scope 3), we have set out to reduce emissions by 25%, promoting the sustainable mobility of employees, working with suppliers to optimize their carbon footprint and reducing the use of fuels in our operations.