In Spain

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Red Eléctrica forecasts eclipse will reduce solar generation on Iberian Peninsula by 5 GW

Consejeros Editorial Team The solar eclipse on 12 August will have a limited and temporary impact on solar generation, specifically on photovoltaic power. Red Eléctrica’s algorithm estimates that this early sunset will reduce solar generation on the Iberian Peninsula by approximately 5 GW. The phenomenon will occur during a time slot when this technology naturally begins to decline. In this context, the eclipse will bring forward and slightly accentuate this…

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spain savings rate

Spaniards’ income remains at 92% of EU average, same as 8 years ago

Yesterday, the Prime Minister closed the political season with his usual triumphalist tone regarding the performance of the economy. A tone constantly refuted by reality and by surveys of Spaniards, which point to “housing” and the economic crisis as their main problems. Spain’s indisputable GDP growth, above 2%, is fundamentally due to the year-after-year population increase of almost half a million immigrants annually. This, combined with NextGen funds and a…