Endesa and ACS to develop the electric mobility plan for Madrid

Endesa has already signed an agreement with the Barcelona city council to develop recharging points and now only Seville remains (the other city chosen by the government for the implementation of electric vehicles in Spain).

Endesa and Cobra Gestión de Infraestructuras (part of the ACS Group) have today signed a collaboration agreement with the Madrid city council, represented by the Fundación Movilidad (FMOV), to launch the Movele project, the government’s plan to implement electric vehicles in Spain. The agreement will entail the implementation and management of a network of at least 280 recharging points for electric vehicles in Madrid.

The initiative being developed by Endesa and Cobra will provide a solid and committed base for the actions carried out in Madrid within the framework of the Movele project. The two companies have being working with the FMOV for six months on preliminary work for the rollout that is being ratified today with the signing of this agreement. Therefore, Endesa and Cobra will form part of the project management technical office reporting to the FMOV in Madrid. Other institutions and companies with an interest in electric mobility in Madrid will also be permitted to join the project.

The Movele project is managed and coordinated by IDAE (the Spanish Institute for Diversification and Energy Saving) and involves the introduction of electric vehicles of various categories, with a variety of features and technologies, across a broad range of companies, institutions and private individuals for use in urban environments at the end of 2010. A total of 546 recharging points for these vehicles will also be set up in Madrid (280), Barcelona (191) and Seville (75).

The Movele project has funds of Euro 10 million which will be used to construct recharging infrastructure (15%); management and monitoring activities and studies (5%); and the acquisition of vehicles (80%).

The aims of the plan are the following:

• To demonstrate the technical and energy viability of electric mobility in urban environments, so as to place Spain among the few countries with real experience demonstrating electrically powered mobility technologies.

• To activate measures to stimulate the use of electric vehicles among local authorities: public recharging infrastructure, reserved parking spaces, allowing electric vehicles to use bus/taxi lanes, etc.

• To involve private sector businesses in the introduction of electric vehicles: electricity companies, insurance companies and financing firms (renting), etc.

• To serve as the basis for the identification and promotion of regulatory measures fostering this technology: tax incentives for the purchase or use of the vehicles, supply tariffs, changing regulations that represent an obstacle to their development (access to recharging points in blocks of flats, standardisation, etc.)

Endesa and the Movele project in Barcelona.

Last week Endesa also signed a collaboration agreement with the Barcelona city council to create Oficina Live for the joint development and promotion of electric mobility in the city. One of the main features of this agreement is the development of the Movele project. Barcelona, Madrid and Seville are the three cities chosen by the government as sites for the development of the Movele project to implement electric vehicles in Spain.

These projects underline Endesa’s commitment to a sustainable transport policy based on the electric vehicle as a key element of the fight against climate change, a cornerstone of its Sustainability Strategic Plan 2008-2012 and contribute to the company successfully meeting its sustainability and economic growth objectives while at the same time creating value for shareholders.