Energy: Powering Through 2025 – Key Legal Challenges And
Renewable generation is hindered by declining prices, lack of access capacity tenders, and project financing challenges, but opportunities lie in PPAs, asset hybridisation
The European Commission has approved a new aid scheme that will allow Spain to deploy large-scale electricity storage, both in hybridisation with renewable energy facilities and stand-alone and thermal.
Investing in energy storage helps Spain meet its climate goals. This includes achieving carbon neutrality by 2050. Storing renewable energy instead of wasting it helps the country rely less on fossil fuels. This also cuts down greenhouse gas emissions. Pumped hydro, thermal storage, and battery systems are effective technologies.
While there are currently no offshore wind projects under construction, current targets call for 3 GW to be installed by 2030, and GWEC estimates Spain's offshore wind potential to be greater than 200 GW.
While new solar projects have surged, Spain's early prominence as a wind power leader has ebbed, though the country still ranks third among European nations in operating wind farm capacity (29.5 GW), and sixth in prospective capacity (41.8 GW). Utility-scale solar and wind projects are widely distributed throughout Spain.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Download detailed product specifications, case studies, and technical data for our off-grid PV containers and mobile energy storage solutions.
15 Innovation Drive
Johannesburg 2196, South Africa
+27 87 702 3126
Monday - Friday: 7:30 AM - 5:30 PM SAST