Tag Archives: España

Market price forecasting and its importance for renewable energies development

Electricity, gas and CO2 markets prices were protagonists in recent months. In recent days, a large part of the headlines related to the Iberian market focused on the gas price limit that is expected to be approved in the coming days. All these topics will be analysed on May 12 in the webinar organised by … Continue reading Market price forecasting and its importance for renewable energies development

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Photovoltaic energy production records in some European markets

In the first week of May, hourly or daily solar photovoltaic energy production records were registered in the markets of Spain and Portugal and values among the highest in history in France. In the Iberian Peninsula, the wind energy production increased compared to the previous week and in most markets the demand decreased. This combination … Continue reading Photovoltaic energy production records in some European markets

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The energy transition needs stable and predictable regulation

In the midst of the complex situation that European energy markets are experiencing, it became clear that renewable energies, green hydrogen, storage and the energy transition as a whole are the solution to the problem. For the energy transition to advance, regulation needs to be stable and predictable so that it gives clear signals to … Continue reading The energy transition needs stable and predictable regulation

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Capital Energy and Shell sign an agreement to development of offshore wind energy projects in Spain and Portugal

Capital Energy, a Spanish energy company created two decades ago and whose vocation is to become the first vertically integrated 100% renewable operator on the Iberian Peninsula, and Shell have signed an agreement to analyze the joint development of projects in the offshore wind energy sector in Spain and Portugal. Leveraging their complementary skills and … Continue reading Capital Energy and Shell sign an agreement to development of offshore wind energy projects in Spain and Portugal

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Iberdrola will contribute to making Volkswagen’s electric vehicle value chain sustainable

Ignacio Galán: “The agreement we have signed with Volkswagen will mean some 500 million euros in investments in renewable facilities to supply them with green energy”. Iberdrola and Volkswagen have presented in Sagunt (Valencia) a strategic collaboration agreement that will contribute to making the entire electric vehicle value chain sustainable in the automaker’s future gigafactory. … Continue reading Iberdrola will contribute to making Volkswagen’s electric vehicle value chain sustainable

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European electricity markets prices fell again thanks to wind energy

In the third week of April, the wind energy production increased in most European markets, which, together with lower demand in several markets, favoured the decrease in electricity markets prices. During the weekend, negative prices were reached in Belgium and the Netherlands and in the Iberian market some hours registered prices of €1.17/MWh. Gas and … Continue reading European electricity markets prices fell again thanks to wind energy

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Iberdrola posts €1.05 billion net income in Q1, up 3%

Iberdrola Spain’s net income fell by 29%. In comparison, Avangrid posted a 33% increase and Neoenergia increased by 20%. Spain’s contribution represents less than a third of the company’s total earnings, due to high energy prices which have not been passed on to customers with previously agreed fixed prices. Growth driven by investment in renewables … Continue reading Iberdrola posts €1.05 billion net income in Q1, up 3%

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GE Renewable Energy to reduce its carbon footprint in Europe through a wind PPA with Forestalia

Purchasing electricity from Forestalia’s El Coto wind farm in Spain which generates enough power to support more than 60% of GE Renewable Energy operations in Europe.The 12-year long PPA will reduce GE Renewable Energy’s emissions by ~13k tCO2e annually, 79% of its current carbon footprint from electricity in Europe. The agreement reflects GE Renewable Energy’s … Continue reading GE Renewable Energy to reduce its carbon footprint in Europe through a wind PPA with Forestalia

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Greenalia: Lamas de Feás Wind Farm

The Lamas de Feás Wind Farm is part of the Galician Wind Sector Plan, in the municipalities of Baltar, Calvos de Randín and Os BlancosThe project foresees an investment of 27 million euros and a mobilization of more than 300 jobsThe annual production of the Wind Farm is estimated at more than 103,000 MWh, and … Continue reading Greenalia: Lamas de Feás Wind Farm

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Photovoltaic broke records and together with wind energy lowered European electricity markets prices

In the first week of April, the photovoltaic energy broke records in the Spanish, French and Italian markets. This technology and the wind energy contributed to lower the prices of most European electricity markets. Negative values or the lowest in recent months were registered in several of them. Gas prices fell, also favouring the drop … Continue reading Photovoltaic broke records and together with wind energy lowered European electricity markets prices

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Capital Energy develops the Los Corrales wind farm with 85 MW

The company signs an agreement with the Ujué City Council linked to the commissioning of the Los Corrales wind farm, which will have a capacity of 85 MWThe company and the council will promote actions tailored to the needs of Ujué and that will be framed within specific lines of action, such as the improvement … Continue reading Capital Energy develops the Los Corrales wind farm with 85 MW

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Wind power became the main source of electricity production in Spain last year, accounting for 23 percent, ahead of nuclear (21 percent) and gas (17 percent)

Wind power has become Spain’s main source of electricity generation just as Europe seeks to curb its energy imports from Russia. “We are on suitable ground here,” said Joaquin Garcia Latorre, project director at Enel Green Power Espana, pointing to gigantic masts erected on the heights of the tiny northeastern village of Villar de los … Continue reading Wind power became the main source of electricity production in Spain last year, accounting for 23 percent, ahead of nuclear (21 percent) and gas (17 percent)

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With the limitation of gas prices, the Iberian electricity market will have two reference prices

Just after RDL 6/2022 was published to prolong and modify the measures aimed at lowering energy prices, the governments of Spain and Portugal sent a proposal to modify the wholesale electricity market to Brussels. The most important thing about this proposal is that it maintains an unchanged marginalist price in order not to distort exchanges … Continue reading With the limitation of gas prices, the Iberian electricity market will have two reference prices

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The first quarter of the year registered the highest prices in history in the European energy markets

During the first quarter of 2022, European energy markets were influenced by the effects of the Russian invasion of Ukraine. Record gas prices were registered that caused hourly, daily, monthly and quarterly historical maximums in several electricity markets. Brent futures registered the highest prices since July 2008 and CO2 futures increased in the whole of … Continue reading The first quarter of the year registered the highest prices in history in the European energy markets

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Equinor and Naturgy team up to explore offshore wind development in Spain

Equinor and Naturgy partner up and enter a development agreement prior to Spain’s first upcoming offshore wind auction off the coast of the Canary Islands. The Spanish government aims to transform its energy mix and plans to develop up to 3 GW offshore wind by 2030. The first Spanish offshore wind auction is expected to … Continue reading Equinor and Naturgy team up to explore offshore wind development in Spain

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Red Eléctrica and its French and Italian counterparts, NGOs and the wind industry promote offshore wind power in the Mediterranean

Through the creation of the ‘Offshore Coalition for Energy and Nature’ in the Mediterranean (MED OCEaN), an initiative promoted by the Renewables Grid Initiative (RGI).The OCEaN initiative has been working since 2020 in Northern Europe to promote the development of offshore wind energy and the network necessary for its connection, with solutions that also guarantee … Continue reading Red Eléctrica and its French and Italian counterparts, NGOs and the wind industry promote offshore wind power in the Mediterranean

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Repsol and Ørsted to explore joint development of floating offshore wind energy in Spain

Repsol and Ørsted have an ambition of jointly becoming a leading developer in Spanish offshore wind by combining their complementary strengths. The alliance combines Repsol’s expertise as a global multi-energy provider with Ørsted’s experience as the global leader in offshore wind. After several years of concept development and small-scale testing, floating offshore wind is now … Continue reading Repsol and Ørsted to explore joint development of floating offshore wind energy in Spain

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Naturgy and Equinor reach an agreement to jointly explore offshore wind energy in Spain

Equinor is the world’s leading floating offshore wind power developer and operates the first floating farm, Hywind Scotland (30MW), soon to be joined by Hywind Tampen (88 MW), which when commissioned in Q3 2022 will be the biggest in the world. The two companies agreed today, within the framework of the Wind Europe Congress that … Continue reading Naturgy and Equinor reach an agreement to jointly explore offshore wind energy in Spain

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WindEurope 2022 in Bilbao: helping Europe deliver energy security

The WindEurope annual event begins today in Bilbao. His Majesty the King of Spain will open it with the President of the Basque Government, Ministers from around Europe and top officials from the EU Commission. Over 8,000 people are taking part. The focus is energy security. Europe wants more wind energy more quickly than before … Continue reading WindEurope 2022 in Bilbao: helping Europe deliver energy security

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GE Renewable Energy and Alfanar solidify ties with onshore wind farm in Navarre, Spain

GE Renewable Energy to supply and install 15 wind turbines for a total installed capacity of 53 MW. This is GE Renewable Energy and Alfanar’s second onshore wind farm in Spain.GE Renewable Energy has installed and commissioned 1.1 GW in Spain over the past two years, contributing to the country’s goal of reaching 50 GW … Continue reading GE Renewable Energy and Alfanar solidify ties with onshore wind farm in Navarre, Spain

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