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 – equating to a 23% compound annual growth rate. 2 This rapid level of growth is more comparable to that of big tech in the 2010s than traditional classes of energy

With the green hydrogen strategy, Spain aims to replace 25% of the current 500,000 tonnes of fossil-based hydrogen consumed by the Spanish industry annually, with green hydrogen. The aim is that the CO2 emissions will annually be reduced with 4.6 million tonnes by 2030. The strategy sets out the aim of adding a fleet of at least 150-200 fuel

The Spanish ministry for the ecological transition on Friday opened two funding programmes, providing a combined total of EUR 280 million (USD 310.4m) in

Deliverable 5.1 – Spain. Overview of the electricity system status and its future development scenarios – Assessment of the energy storage infrastructure needs 2 / 56 Acknowledgements This report has been produced as part

The simulation results show that the Spanish goals for decarbonising the electricity system are based on optimistic assumptions. Also, energy storage will play a

The novelty of this study is that it provides a wide portrait of all the progress made in the microgrid field in Spain, showing the main trends, challenges, and future prospects. The work is structured as follows. First, the Spanish policies on renewable energy and specifically on microgrids are discussed.

Spain – government approves PERTE project for hydrogen and renewables, EUR 16 billion invested. The Council of Ministers approved, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, the Strategic Project for the Recovery and Economic Transformation (PERTE) of Renewable

The Council of Ministers has approved the Energy Storage Strategy, which will support the deployment of renewable energies and will be key to guaranteeing the safety, quality,

Last week, the Spanish government 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. In this storage strategy, Spain quantified its storage needs in line with its decarbonisation targets established in the national energy and climate plan (NECP),

7% of EU''s emissions. 5th Largest emitter in the EU. With a CO2 storage potential ranging from 12 to 44 Gt, Spain could accommodate between 121 to 445 years of its annual point source emissions.4. Industrial clusters in the Ebro Basin, Vasco-Cantabrica Basin and Huelva in the South, are prime locations for carbon capture due to their proximity

The project is part of the $8m partnership between the Energy Market Authority (EMA) and PSA to transform PSA''s energy usage in port operations through the use of smart-grid technologies and energy management systems. PSA Singapore operates the largest container transhipment hub in Singapore, handling 37.2 million TEUs of

Project Manager [Moderator] Energy storage in Spain needs to grow rapidly to manage the 142.8 GW of photovoltaic, wind, and solar thermal power planned for 2030. In fact, the PNIEC (National Integrated Energy and Climate Plan) proposes 22 GW of energy storage by that date. Clearly, this goal is impossible without involving private entities in

The estimated compound annual growth rate (CAGR) of Spain''s power market is expected to increase more than 6 percent between 2020 and – 2026. Energy prices have climbed to historic highs as the war in Ukraine continues and fears of supply disruptions tightened the market already struggling with the effects of COVID-19.

Spain will allocate 6.9 billion euros ($7.8 billion) to renewables, green hydrogen and energy storage in the next two years and aims to attract another 9.45 billion euros in private funding under

Specifically in 2020, electricity demand stood at 249,819 GWh, 5.6% lower than the previous year. In terms of generation, renewable production reached an all-time high of SPAIN 1 10,450 MWh, a 44% share of the electricity generation mix in 2020 (37.5% in 2019). In this regard, it should be noted that wind power generation accounted for more

Join us at the Solarplaza Summit Energy Storage Spain on 16 November 2023, where industry leaders, policymakers, and experts gather to explore the transformative power of energy storage in driving Spain''s clean energy future. Against the backdrop of Spain''s National Integrated Energy and Climate Plan 2021-2030 ("PNIEC") to achieve a 100%

February 2021. Significant progress has been made by Government in its plans for the revitalisation of the capital city. This was affirmed by Acting Planning and Development Minister Senator Allyson West, following a meeting of the Ministerial Committee for the Revitalisation of Port of Spain last week. West is chairing the Committee while

Spain recently updated its National Energy and Climate Plan (NECP) which includes 76GW of solar PV capacity by the end of the decade, as reported by sister

Cepsa''s project to produce green hydrogen in Andalusia will involve the creation of the first European corridor for this technology, between the Campo de Gibraltar and the Dutch port of Rotterdam. The

New energy storage projects co-located with renewables in Spain will be eligible to have 40-65% of their investment costs covered under a government scheme launching in a week''s time.

Towards a conception of the port as an energy hub. As an energy hub, a port''s demand for electricity, as being facilitated by the grid, will vary over time. Electrification of the transport

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

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

According to the Hydrogen Roadmap, " nowadays, hydrogen consumption in Spain is around 500,000 t/year, mainly grey hydrogen, used as a raw material mainly in refineries (around 70%) and

This report has been produced as part of the project "Facilitating energy storage to allow high penetration of intermittent renewable energy", stoRE. The logos of the partners

Spain has recently approved a roadmap for the development of offshore wind which calls for the development of 3 GW of floating offshore wind capacity by 2030. The country plans to carry out its first offshore wind auction, in the Canary region, in 2023. Currently, Spain has 7 MW of operating offshore wind capacity.

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 to Renewable News

Image: Ingeteam. The government of Spain is launching €160 million (US$170 million) in grants for energy storage projects, aiming to fund 600MW of projects to go online in 2026. The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) opened a public consultation into the grant scheme yesterday (6

Check out the top 12 energy transition projects of 2023, in random order. 1. WarmtelinQ. WarmtelinQ is the underground pipeline used to transport residual heat from the port of Rotterdam to The Hague to heat homes and businesses. The pipeline is now being constructed. Read more. 2.

The 2023 NECP proposes a 173% increase (or 85 GW) in renewable capacity by 2030 from current capacities1; storage2 is expected to increase by 487%, or 15 GW from installed