Energy storage is set to soar in Spain and Italy in the coming years but there are question marks around the regulatory frameworks in each.
Energy storage systems in Spain are a key element in the fight against climate change, as they help us to address the challenge of the energy transition. These systems make renewable
Policy Spain approves legislation to encourage energy storage and flexibility The Spanish government has approved legislation to strengthen its electricity system following the major power outage the country experienced in
The PITEIB programme is an innovative support initiative of the Spanish government that aims to offer financial support to individuals and companies wishing to invest
Pairing solar plants with battery energy storage systems (BESS) will be the main strategic focus for the country''s upcoming renewable energy auction. Each project must have a
The government authorized the state-owned company Acuamed to initiate tenders for new desalination plants coupled with photovoltaic solar parks, allocating a budget of €600 million.
Global energy storage capacity was estimated to have reached 36,735MW by the end of 2022 and is forecasted to grow to 353,880MW by 2030. Spain had 88MW of
The Spanish government has set a new 2030 solar target of 76 GW in an energy strategy submitted to the European Commission. It aims to cover over 80% of national electricity demand with renewable
Jon Ander López Ibarra tells pv magazine about the obstacles to, and cost-effectiveness of storing energy in Spain and about how energy storage can be the first step
The Spanish government has approved legislation to strengthen its electricity system following the major power outage the country experienced in April.
Bid for tender to Solar energy Supply and installation of photovoltaic energy with storage for self-consumption. by PLENARY OF THE CITY OF NOVA in Spain. Access documents, deadlines,
The procurement of government contracts in Spain is regulated by the following legislation: Law 9/2017 of 8 November, on public procurement law, which transposes into the national law the Directives of the European
The GW-size figures of installed solar PV capacity are consistent with the target scenario set out in the Spanish National Climate and Energy Plan (NCEP) that foresees solar PV capacity as
The Spanish government on Tuesday approved the energy storage strategy, targeting some 20 GW of storage capacity in 2030 and reaching 30 GW by 2050 from today’s 8.3 GW.
Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity. The initiative, led by MITECO and backed by EU funding,
EDPR, Finerge, Voltalia and Endesa were among the winners of Portugal''s latest renewables procurement exercise, in which 163 MW of floating PV capacity was allocated.
Welcome to our quarterly PPA Price Trends series (Q3 2023 Edition), where we take a deep dive into the ever-evolving landscape of renewable energy market
The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and energy storage...
Eligible costs include civil works, storage systems, auxiliary equipment, and related expenses. Maximum eligible costs per storage unit range from EUR 250/kWh for stand-alone storage to EUR 1,500/kWh for new
Last Tuesday, Spain''s government held the long-awaited auction of 3,034 MW of new renewable licenses with a high level of participation. A total of 84 companies made bids, reaching 9,700 MW, which is three times
The energy storage appears to be more attractive in Portugal than in Spain since the storage bids are granted a capacity payment in exchange for hedging the Portuguese electricity system
The Capture Rates measures, in %, the ratio between the Capture Price and the Baseload Price a project achieves according to its technology (wind or solar PV) and geographic-specific renewable energy
Spain''s government has approved an energy storage strategy that it says will put the country "at the forefront" of what is being done in Europe and help it move towards its 2050
The market energy storage in Spain, particularly in relation to the BESS systems (Battery Energy Storage Systems), is undergoing a dynamic and accelerated evolution. This transformation is driven by the growing need to
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
Welcome to our quarterly PPA Price Trends series (Q3 2023 Edition), where we take a deep dive into the ever-evolving landscape of renewable energy market
Driven by the goal of energy transformation, Spain''s energy storage industry is full of potential, with continuous technological innovation and progress. The government has given strong support in terms of funds and policies, and the
Economic Contributions: The PV sector supported over 121,000 full-time jobs in 2023, while the total business value of the industry reached €6.8 billion, further solidifying PV''s role as a key
Iberdrola will deploy battery storage (BESS) projects in Spain adding up to 150MW/300MWh, to be co-located with existing PV plants.
Furthermore, the government has recently announced plans for two battery gigafactories as currently the country has little battery manufacturing capacity. Although the energy storage industry in Spain is focusing on battery
Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. This plan will add 2.5 to 3.5 gigawatts (GW) of storage. It includes pumped hydro, thermal energy
Spain’s ministry for the ecological transition said on Friday it will allocate EUR 700 million (USD 799.4m) in grants through competitive tendering to support large-scale energy storage projects in an effort to improve grid flexibility and integrate more renewables. Vanadium redox flow battery installed at the Son Orlandis solar farm in Mallorca.
From ESS News The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain. Subsidies will be available for standalone energy storage sites, projects installed alongside renewable energy facilities, and storage planned as part of thermal power plants.
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.
The European Commission approved a new support scheme. 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.
Maximum eligible costs per storage unit range from EUR 250/kWh for stand-alone storage to EUR 1,500/kWh for new pumped-storage hydropower projects. Aid will be distributed by region, with higher allocations to less developed or transitioning areas in line with EU cohesion policies.
