spain renewables auctions


Spain’s New Renewables Auctions Will Allow For Bids On Energy To Be Supplied Or Combined With Installed Power

Spain’s Cabinet has authorised the processing of the emergency decrees to regulate the procedure for auctions and access and connection to the energy transmission networks. These decrees will provide legal certainty for the Spanish energy framework, preparing it for the installation of some 60 GW of renewables in the next decade. Up until now, the product auctioned has been the installed capacity, subject to a minimum and maximum in order to receive the return per operation. 

Spanish renewables

Spain Is Betting On Renewables Again Now They Are “Cheap”

There is no question about the importance of the renewables auction due to take place between now and June if we take into account that installed renewables power in Spain (excepting hydraulic) is 31.216 Mw. So in other words, the new installations will increase this energy park by 10%.