Endesa (ELEZF) News Today

Endesa, S.A. (ELEZF)

Shares of Endesa increased today on the back of a series of operational initiatives and community-focused programs that bolster reliability, stakeholder relations and corporate social responsibility.

• Activated a robust contingency plan to prevent power cuts during the Feria de Córdoba, reducing outage risk at a major regional event.
• Proposed a meeting with local administrations and residents of Encinares de Alcolea to address concerns and improve community relations around new infrastructure.
• Announced tailored energy-efficiency advice and preferential service for members of Vilafranca Activa, aimed at strengthening customer loyalty and driving service revenues.
• Signed a social agreement with the San Bartolomé de Tirajana municipality to support vulnerable electricity consumers, enhancing Endesa’s social responsibility profile.
• Through Fundación Endesa, awarded the RetoTech prizes to Colegio Balmes and Ágora Portals, underscoring its commitment to education and innovation.
• Held its third Fundación Endesa workshop promoting music as a tool for personal and professional development, reinforcing community engagement.
• CEO José Bogas argued that, once taxes are removed, nuclear power is considerably cheaper than renewables—a point that may influence future regulatory debates but carries uncertain short-term impact.
• Acknowledged that greater advances in energy storage technology would have made it easier to manage recent blackouts, highlighting a potential future capital-expenditure focus on storage solutions.