According to the Spanish consultancy Andersen, due to climate change, which, now more than ever, continues to generate great concern for the future of the environment, Spain has introduced new measures aimed at increasing the use of renewable energies to accelerate the country’s energy transition process.
‹By 2030, the Spanish government expects renewable energies to account for more than 80% of electricity consumption. To achieve the target, several incentives are being implemented at government level in line with European policies to proliferate and intensify the use of renewable energies and thus improve energy efficiency. The construction of wind farms, the installation of photovoltaic plants, direct aid programs to the , subsidies and tax incentives to companies and individuals are some actions undertaken by Spain in its effort to accelerate the transition to a totally green country›.
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According to the last update from the European Commission: ‹Spain is already on the road to decarbonization. Regulatory and fiscal measures to accelerate the transition to a low-carbon economy have been and will continue to be proposed. The competition of all territorial administrations enables us to move forward with this energy transition process, in which the Autonomous Communities and local authorities play a key role […]›.
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‹Spain’s high NECP targets, and the success of the national solar power market call for excellence from all parties: companies, the public administration, and policymakers. In other words, our ambition is to overcome our challenges to maintain the supportive solar ecosystem that has placed Spain as one of the top two markets not only in Europe but also among the world´s top 10 largest markets. On the policy side, it is key to ensure regulatory stability and to eliminate remaining barriers by streamlining administrative procedures, and network access, especially for smaller PV plants and self-consumption projects. On the sector side, companies need to respond to the growing NIMBY effect, and present projects with the highest standards in terms of environmental sustainability, positive social impacts, and transparency›.
[…] ‹Spain’s solar sector growth is underpinned by its competitiveness in both ground-mounted and self-consumption installations. For ground-mounted plants, the economic viability – spurred by scale economies, favorable terrain, and abundant solar irradiation levels averaging over 1,600-1,800 kWh/kW annually-coupled with regulatory stability since 2018, has created a conducive environment that appeals to a diverse array of market participants. This includes national and European utilities, oil & gas corporations, independent power producers, solar developers, and investment funds, among others. […] Looking ahead, the prognosis for Spain’s solar sector remains optimistic. So far, the ground-mounted segment has seen an installation of 4.5 GW in 2023. Numerous new projects, having secured environmental permits, are poised for installation in the forthcoming years, contingent upon meeting administrative requirements. To achieve the targets proposed in the new NECP draft for ground-mounted installations, an average of 6 GW per year must be installed, presenting a significant challenge linked to the design of renewable auctions, inflation rates, and market prices›.
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