
Industrial decarbonization on hold: the bottleneck of Spain’s electricity grid
According to Pedro González, General Director of AEGE, “More than 14 GW are trapped in a regulatory limbo, affecting the energy transition and industrial development.”
According to Pedro González, General Director of AEGE, “More than 14 GW are trapped in a regulatory limbo, affecting the energy transition and industrial development.”
The financing of renewable assets relies on advanced analytical tools, price forecasting models, and strategies that minimize uncertainties, as explained by consultants from Aurora Energy Research in an interview with Energía Estratégica España.
Focusing on Europe and the U.S., the company prioritizes solar, wind, and hybrid projects, incorporating innovations in storage and offshore technologies. Portugal plays a key role with an additional 1 GW, as EDP moves towards its goal of 100% clean energy by 2030.
The country consolidates its position as the second-largest photovoltaic market in Europe but faces challenges in grid access, self-consumption, and social acceptance, according to Martín Behar Kölln, Director of Studies and Environment at UNEF.
Energy prices in the Spanish spot market are expected to follow a similar trend to 2024, with slight increases starting in July. The role of renewables is crucial, but gas and CO₂ continue to set the pace of the energy mix.