Innovation Fuels Telefónica’s 8.6% Energy Consumption Reduction

Innovation Fuels Telefónica’s 8.6% Energy Consumption Reduction

(IN BRIEF) Telefónica, a leading telecommunications company, has significantly improved its energy efficiency through technological innovations despite a surge in data traffic. Since 2015, Telefónica reduced its energy consumption by 8.6% while traffic multiplied by 8.6 times. The company’s Autonomous Network Journey (ANJ) program drives innovative projects aimed at optimizing energy consumption. Telefónica’s commitment to energy efficiency dates back to 2005, with over 1,500 projects yielding recurring savings of over €2.2 billion and avoiding millions of tonnes of CO2 emissions. Key drivers of efficiency include network modernization, legacy shutdowns, and renewable energy adoption. Through disruptive models like Energy Savings as a Service (ESaaS) agreements and internal carbon pricing mechanisms, Telefónica remains committed to sustainability and a greener future.

(PRESS RELEASE) MADRID, 5-Mar-2024 — /EuropaWire/ — Telefónica (BME: TEF, NYSE: TEF), a Spanish multinational telecommunications company, announces significant strides in energy efficiency, leveraging technological advancements to curb consumption amidst a surge in data traffic. Since 2015, Telefónica has slashed energy usage by 8.6%, even as traffic soared by 8.6 times.

Amidst escalating demand for digital services and evolving communication technologies, Telefónica tackles formidable energy efficiency challenges head-on. The company’s Autonomous Network Journey (ANJ) program spearheads a suite of innovative projects aimed at optimizing energy consumption, reducing environmental footprints, and delivering quality services while fostering innovation.

Telefónica’s energy efficiency journey commenced in 2005, with measurable impacts observed since 2010. Through 1,574 projects, Telefónica has accrued recurring savings exceeding €2.2 billion, along with conserving over 13,800 GWh of energy and avoiding 4 million tonnes of CO2 emissions. These initiatives align with Telefónica’s Energy and Climate Change Objectives, aiming to enhance energy efficiency, transition to 100% renewable electricity by 2030, and achieve net-zero emissions by 2040.

Key efficiency drivers include network modernization, legacy shutdowns, and renewable energy adoption. Modernizing networks, deploying fiber optics, and embracing 5G technologies bolster efficiency by up to 90%. Legacy switch-offs, exemplified by the migration from copper to ultra-broadband solutions, enhance efficiency by streamlining network coexistence. Moreover, Telefónica champions renewable energy, with 100% renewable electricity adoption across key markets by the end of 2023.

Telefónica’s disruptive energy efficiency models, such as Energy Savings as a Service (ESaaS) agreements, exemplify its commitment to sustainability. By integrating internal carbon pricing mechanisms, Telefónica ensures prudent investment decisions favoring energy-efficient equipment, thereby reducing operational emissions.

Through relentless innovation and strategic partnerships, Telefónica continues to champion energy efficiency, forging a path towards a sustainable digital future.

Telefónica, S.A.
Corporate Communications
email: prensatelefonica@telefonica.com
https://www.telefonica.com/en/communication-room/

SOURCE: Telefónica, S.A.