Grupo Fe Energy,a renewable project developer, bets on social management with the aim of contributing to the optimization of the energy industry through active participation in the design, development, construction, and management of projects, primarily wind, a technology in which they specialize.
Alberto García Feijoo, CEO and Founder of the company, states that the company’s goal is the development of renewable energy, with wind energy as the main focus, but always prioritizing projects that have a positive impact on society and on each of the territories in which they are involved.
“We want to be a reference in how to do things from the perspective of communities, landowners, and local organizations, which have not been a priority in other occasions,” says García Feijoo in Entrevistas con Líderes as part of the Future Energy Summit Iberia.
Analyzing the renewable market, the executive notes that while there is a “clear political trend” for renewables to replace conventional energy sources, there are challenges and complexities that hinder the implementation of projects by developers.
“What is currently very much in vogue is the rejection by certain institutions and organizations to the implementation of renewable energy. We understand that certain concerns also stem from a lack of information and proximity in the development of projects, that commitment to the territory. This is precisely what we want to implement in each of the projects, from our vision and objectives,” explains the leader of Fe Energy Group.
He adds: “The social aspect is very relevant, and of course, it is essential to optimize any project, minimize impacts, optimize the use of wind and solar resources in each of the areas, and approach things from a planning standpoint with the greatest care in fulfilling our very ambitious goals for the global energy transition.”
He also emphasizes compensating for any potential impacts the projects may have and respecting environmental aspects, restrictions, and legislation.
Challenges and goals towards ready to build
García Feijoo states that one of the challenges for projects to move towards “ready to build” is finding new financing tools to achieve competitive prices and offer consumers lower energy prices.
“We also have to face the complexity of how to have a stable system that can regulate demand based on generation. In this case, we depend on resources, the issue of batteries, storage, and the complementarity of different renewable energy sources to help us,” he explains.
Regarding processing, he points out the need to consider the environmental aspect, project location, proximity to local organizations and administrations, and emphasizes that when specifying how an installation might look, it is crucial to analyze the approach to the territory through social management, identifying the value points it can offer and how it complements the surrounding industrial and logistical aspects.
“It is a challenge to get each project off the ground, but every project is unique; you can’t generalize. Some projects are sensitive socially, others environmentally, archaeologically, and others in logistics. It’s a combination of many factors to get a project moving forward,” he says.
“In the end, the only way to carry it out is with the determination and conviction to do things right. Even then, you can’t guarantee success, but you can minimize the risks of the investment made during development. This is something we care deeply about and work on when proposing projects—minimizing risks and working hand in hand to ensure the projects succeed,” he concludes.
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