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.
Two UK-based firms, energy supplier OVO Energy and integrated home battery storage provider Social Energy, have expanded into international markets in Spain and in Australia respectively.
It is likely Spain will introduce “important regulatory changes in the coming years” to enable the European country to meet a national target of deploying 2.5GW of energy storage by 2030, analysts at consultancy firm Clean Horizon have said.
In the past few months Spain has announced a 2.5GW energy storage target by 2030 and Portugal is hosting a solar tender with a significant add-on option for storage. Clean Horizon’s experts Corentin Baschet and Tanguy Poirot spoke with Andy Colthorpe on the role batteries and other storage can play in the Iberian Peninsula’s energy transition in the present and future.
Ministry for Ecological Transition and Demographic Challenges (MITECO) said it will be receiving comments for 15 days after the current COVID-19 crisis-related state of emergency the country has declared is over.
Plans for what is being billed as “Europe’s largest solar plant” have been put forward in Spain as the UN climate negotiations came to a close in Madrid.
Iberdrola has switched on a multi-megawatt battery energy storage system (BESS) in rural Spain that will enable up to five hours of backup power to local networks in the event of an outage.
A study co-written by industry figures has put forward new claims of the cost-competitiveness of European solar-plus-storage, amid predictions that grid parity will unfold continent-wide by 2025.
