BROWSE THROUGH OUR TRADE FAIRS IN MADRID, SPAIN FOR ENERGY INDUSTRY
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Madrid is among the leading and central cities of the Spanish energy industry. This is due to the urban centre’s comprehensive and high-value energy sector. It comprises more than 550 companies that employ more than 76 720 specialists. They represent the entire value chain. This includes sub-sectors such as renewable energy, distribution, trading, end-user service provision, et cetera. Various types of companies present such sections of the segment. Such include small and medium-sized enterprises and extensive corporations. This results in an extensive energy sector that serves as one of the central industries of the city. This is due to the importance of energy to diverse sections of the city’s economy, including its industries and inhabitants. As a result, Madrid’s energy sector produces high values that, in turn, aid the Spanish energy segment. For example, some of its leading time-honoured corporations have generated total revenues of 5 669 300 000 USD (5 244 981 034 EUR) in late years. Madrid is additionally a leading innovation hub for the industry. This is due to the sector’s chief focus on research and development. This is often done through city and state expenditures intended to further the progress of the segment. For example, in recent years, the city’s ruling body has approved a decarbonisation plant that will invest 1 000 000 000 EUR into the segment. Often, the industry displays its latest innovations during annual trade expos. Such events attract tens of thousands of attendees.