Latest news
Eni’s, Repsol’s Venezuela offshore gas project to launch production by the end of 2014
The offshore natural gas project developed by Italy's Eni and Spain's Repsol in the Gulf of Venezuela jointly with state-owned Venezuelan oil group PDVSA is likely to generate its first production at the end of this year, as stated by Paolo Scaroni, Eni's CEO, on Tuesday.
read more... 05/03/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
Spain sets out new electricity bill structure to protect consumers
Spain’s Industry Ministry will use a new method to determine consumer power bills, giving up the old auction system, which last year, had a major impact on household electricity bills while a spike in the scheme led to huge cost increases.
read more... 13/02/2014
Wind: Spain’s main electricity source
According to the Spanish Wind Energy Association (AEE), in 2013 wind power was the main source of energy in Spain, covering almost 21 percent of total demand and producing something like 54,478 GWh of electricity last year, nuclear power produced 20.8 percent of the country’s energy requirements, followed by hydroelectric power which met 14.4 % of demand, almost doubling in comparison to a year before. Combined-cycle plants accounted for 9.6 percent, coal-fueled plants 14.6 percent while solar photovoltaic only 3.1 percent.
read more... 31/01/2014
Spain’s wind power sector
Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.
read more... 13/01/2014