Battery Energy Storage Systems (BESS) play a pivotal role in supporting the wider adoption and integration of renewable energies (RE) around the world. As a result, the battery technology market is booming with c.$35B+
Spain''s updated NECP targets 81% renewable power by 2030, increasing its goals for GHG emissions, energy efficiency, and energy independence.
However, Stellantis has yet to decide whether to build a battery plant in Zaragoza, and the Spanish government is hoping to provide subsidies to convince the company to finalize the battery plant project, thus consolidating
Which major battery projects are currently in testing and expected to reach commercial operation in 2025. How CAISO''s Resource Adequacy market is shaping battery investment and financing decisions. To get full access to Modo
The global shift towards renewable energy sources has spotlighted the critical role of battery storage systems. These systems are essential
Europe has 10.8 gigawatts of battery storage and it will grow to 50 GW by 2030 - much less than the required 200 GW, according to the European Association for Storage of Energy.
LCP Delta and Santander have combined their expertise to analyse the opportunity for investment in battery energy storage systems (BESS) in Spain. With a high
The new battery capacity will entail "a large requirement" of debt and financing in coming years, Rentell said, pointing out that Spain''s storage roadmap will require some EUR
By 2030 the country aims to have 76GW of solar PV, including 19GW of self-consumption. Renewable energy is expected to play a major role in Spain''s electricity
This Battery Energy Storage Roadmap revises the gaps to reflect evolving technological, regulatory, market, and societal considerations that introduce new or expanded
Ambitious and achievable targets The emphasis on batteries is particularly striking. Spain''s target for battery storage exceeds 9 GW by 2030. However, current figures
Spanish battery installations in 2024 represent a 41% decline relative to 2023, the Spanish market has been declining since 2022 In 2025, Spain is expected to climb to become
Renewable generation is now joined by storage projects, and Spain occupies a prominent place as the country with the second largest projected capacity for stand-alone
Beyond batteries, China is further developing a number of non-battery storage projects including the world''s largest flywheel energy storage project (30 MW) which was connected to the grid in 2024. It would seem likely
LCP Delta and Santander have combined their expertise to provide this report into the opportunity for investment in battery energy storage systems (BESS) in Spain.
Battery capacity in kWh (kilowatt-hours) measures how much energy a battery can store. It determines how long a device or vehicle can run before recharging. Understanding
In this report, we delve into the developments in the regulatory framework of the Spanish electricity system and explore the potential of Spain''s battery energy storage systems
Spain''s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has announced a major funding initiative worth €700 million to boost large-scale
One by one, the installed projects PowerCo Spain has started the first works on the land intended for the construction of the Volkswagen battery gigafactory in Sagunto, Valencia. This plant will create 3,000 direct jobs and
On April 28, 2025, a catastrophic blackout hit Spain and Portugal, plunging millions into darkness. Hospitals scrambled for backup power, trains stopped, and businesses lost billions. It was one
Source: European Commission Energy storage also reduces the need for fossil fuel power plants to operate as backup. This lowers greenhouse gas emissions and cuts fuel
Enabling renewable energy with battery energy storage systems The market for battery energy storage systems is growing rapidly. Here are the key questions for those who want to lead the
Spain's battery industry is expected to grow to USD 1,188.2 million by 2030, supported by rising demand for energy storage and sustainable technology.
Since 2019, small power generators have been able to receive compensation for their surplus solar generation.11 This has led to a rapid growth of customer-sited solar PV projects, which in
The ramp up of battery storage projects in Japan continues apace, aided by growing subsidy avenues and rising volumes on various electricity markets, from spot to
This Battery Energy Storage Roadmap revises the gaps to reflect evolving technological, regulatory, market, and societal considerations that introduce new or expanded challenges that must be addressed to accelerate
This version of the roadmap follows the main tracks from the earlier one while including updates on most recent developments in battery research, development and commercialization. It
It targets large-scale energy storage projects in Spain. It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage (PHES), and thermal energy storage. The program
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
It targets large-scale energy storage projects in Spain. It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage
As a result, shorter duration storage options like batteries are more suitable in Spain. In Spain, over 50% of excess renewable energy occurs in periods where there is continuous excess for less than 12 hours i.e. a battery that chooses to charge on this energy would be able to discharge within 12 hours.
Currently, Spain has 6.3GW of hydroelectric and 1GW of thermal storage capacity installed. In fact, the non-BESS storage capacity in Spain is higher than in any other European country. As a result, the need for BESS to integrate renewable energy sources into the electricity system is less immediate than in the UK, for example.
Batteries can improve the business case of wind and solar projects by providing a better utilization of the grid connection. This particularly holds in the context of Power Purchase Agreements (PPAs). PPAs are crucial to making wind and solar bankable, and Spain has been the biggest market for PPAs in Europe for years.
It also outlines the key challenges facing the sector, including underdeveloped frameworks and barriers to investment. The study concludes with five policy recommendations designed to accelerate battery storage deployment and ensure energy systems are prepared to integrate high levels of renewable energy.
In March 2025, UK companies Renewco and Atlantica announced the development of up to 2.2GW of BESS projects across Spain. Other projects in the pipeline primarily involve storage co-located with solar or wind generation. According to BloombergNEF, the total capacity currently in the BESS pipeline is around 3GW.
