Latest news

Details on Spain’s energy reform

Spain's latest energy reform, which reverses years of policy to promote renewable power, threatens to reinforce its dependence on coal and costly gas and to bankrupt renewable firms that have built a competitive edge over a decade.

read more... 13/03/2013

news

Spain’s shale gas reserves

Spain is the fifth largest energy consumer in Europe and has practically no domestic production of liquid fuels or natural gas. It has made significant progress in diversifying into renewable energy but, this only accounts for about 9% of its gross inland consumption. A quarter of consumption is fuelled by natural gas and half by petroleum, both of which Spain has to import.

read more... 12/03/2013

news

Spain: wind power output at 6TWh in January

According to the Spanish grid operator Red Electrica de Espana, Spain’s monthly wind-power production surpassed 6 terawatt-hours, while in the last three months wind farms produced more electricity than any other power source in Spain for the first time ever.

read more... 05/02/2013

news

Spain’s Garona shuts down

Spain’s oldest nuclear plant Garona, suffers shutdown due to a new energy tax imposed by the government. After years of selling power below costs, Spain’s government decided to introduce higher taxes on electricity generation as a measure to deal with a 24 billion euro energy tariff deficit.

read more... 17/12/2012

news

Spanish renewable energy companies look to South Africa for new opportunities

The Spanish government was forced to suspend their subsidies for renewable energy in January this year, in the attempt to face the current debt crisis. Spain, which is a pioneer in developing renewable energy plants, had come to realize that the subventions were a burden, than assistance. The scheme had already accumulated debts for €24 billion by the end of 2011.

read more... 27/11/2012

news