Latest news
The EIB has granted Spain a €475m loan for power grid upgrade
The European Investment Bank (EIB) has granted to Spain’s Gas Natural Fenosa a 475 million euro loan for upgrading its power grid. The loan have the objective to support utility firm Gas Natural Fenosa’s four-year programme of investment in upgrading and expanding the overhead distribution network, laying underground cables and building substations.
read more... 16/07/2013
Spain announced 2.7 billion euro cuts in subsidies
Spain's government intends to cut subsidies for renewable-energy suppliers and increase electricity bills as part of widespread reforms to its energy policy. The government had announced a series of actions intended at reducing the country’s tariff deficit, which amount to more than 26 billion euro, and has been accumulated as a result of a discrepancy between generating costs and electricity prices for consumers for a long period.
read more... 16/07/2013
Spain’s oldest nuclear power plant officially closed
Spain’s oldest nuclear power plant Santa Maria de Garoña, in the north-central province of Burgos, has been officially shut down on 6 July after 42 years in operation.
read more... 11/07/2013
Spain to reduce subsidies to renewables
Spain government has recently announced it intends to reduce renewable subsidies by 10-20% by 21 June. The decision came following a meeting between representatives of Spanish and foreign banks and industry officials last month, when it was concluded that government subsidies increased the costs for the functioning of the nation's electrical system, and the costs of running the renewable systems have been higher than the amount of money generated by actual sales of power to households and businesses.
read more... 11/06/2013
Spanish market for concentrated solar power is the largest one all over the world
The Spanish market for CSP is the biggest one in the world. The concentrating solar thermal reached 1953.9 MW of cumulative installed capacity in 2012 and it is expected that by 2020, Spanish CSP could reach 20,000 MW. In 2012, the installed capacity in Spain increased significantly as many projects with a capacity of more than 50MW started to operate. According to EurObserve’ER, Spanish electricity generation from Concentrated Solar Power reached 3,432 GWh in 2012, more than doubling in comparison to 2011.
read more... 06/06/2013