Field expands further into Europe with new Spanish office led by General Manager, Toni Martinez A leading renewable infrastructure business, Field is actively working
Spain targeting 56 GW of new solar by 2030 under new energy strategy The Spanish government says it aims to deploy 76 GW of cumulative PV capacity and 22 GW of storage by the end of this decade.
Spain will be able to meet 68% of its electricity demand with renewable energy by 2030 and 88% in 2050, according to a report co-authored by Bloomberg New Energy Finance (BNEF) and Spanish renewables and
The first of Spain''s new renewable energy auctions is set to take place next week, as the country offers the possibility for bidders to include energy storage in their offers.
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
Although very low prices have not been prevalent in Spain to date, this should help battery returns as renewable penetration increases at pace across this decade.
The four upcoming energy storage projects, all identical in scale, are strategically located within Saudi Arabia. As part of the Saudi Vision 2030 policy, the country
The use of renewable energy is expected to grow rapidly in the next few years. With the aim of achieving climate neutrality by 2050, the Spanish energy sector is undergoing a
The increased penetration of renewable energies in Spain, especially solar and wind, has reduced wholesale electricity prices by 20% in the last three years and could cut
The frequency of very high prices (>100 €/MWh) is reduced dramatically between 2024 and 2029; however, it increases again as nuclear plants are decommissioned and the demand rises due
Therefore, the country will aim to install up to 3 GW of floating wind capacity and 60 MW of other marine renewables by 2030. The government expects the offshore renewable energy industry to stimulate economic
A ready supply of cost-effective renewable energy is a crucial component in producing green hydrogen, and Spain has the potential to produce abundant, low-cost
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
Batteries look set for a boost in Spain this year as the country introduces a capacity market to help integrate renewable energy into the grid. The launch of the nation''s first
Spain targeting 56 GW of new solar by 2030 under new energy strategy The Spanish government says it aims to deploy 76 GW of cumulative PV capacity and 22 GW of
To prevent congestion and other grid problems, all this energy has to be stored for later use or for balancing the grid. Thus, battery storage becomes an essential part of the
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 is leading Europe''s clean energy push with major solar, wind, and green hydrogen projects. Explore how policy and investment are driving renewable growth.
In Feb 2021, Spain announced a 20GW by 2030 storage target (~12GW increase from today). This represents a huge push for storage, with batteries set to dominate.
The Spanish ministry for ecological transition on Thursday announced that it has granted EUR 150 million (USD 166.1m) of state aid drawn from NextGenEU funds to
Latest Spain Renewable Energy tenders. Start bidding on new opportunities for Renewable Energy tenders daily and win lucrative contracts across Spain.
The new remuneration framework will be granted through a tender procedure. The product to auction will be installed capacity, electric energy or a mixture of both. RES projects will
The market for utility-scale storage projects remains comparatively small at around 100MW, though a pipeline of projects is beginning to emerge.2,3,4,5 Much of Spain''s existing utility
Renewable energy will cover almost half of the world''s electricity demand by 2030, according to the Renewables 2024 report by the International Energy Agency (IEA),
The draft was subject to public consultation in mid-2023. A focus of PNIEC 2023 is the promotion of renewable energy, energy storage and demand management to enhance
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
Tom Harries investigates Spain and Italy as emerging BESS markets. The IEA expects global installed energy storage capacity to expand to over 200 GW by 2030. 1 –
Everything you need to know about the upcoming renewable energy auctions in Spain: calendar, capacity, market exposure conditions... Check it out!
With 19.4GW of renewables capacity to be assigned through Spain''s new auction system by 2025, calls have been made to alter the mechanism to encourage the participation of energy storage in future tenders.
