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Iberdrola invested EUR550 million to upgrade Spanish electricity grid

The Spanish utility Iberdrola invested EUR550 million in extending and improving electricity grid in Spain in 2011.

read more... 27/01/2012

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Spain aging nuclear plant may stay open

According to a newspaper report released on Monday, Spain’s incoming centre-right government may allow Garona, an aging nuclear power plant, to remain operational beyond the 2013 deadline set by its predecessors, the Socialist Party. It means Spain will be out of step with countries like Germany, which already closed several nuclear plants following Fukushima’s nuclear disaster.

read more... 05/01/2012

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Venezuela: Major gas agreement with Eni and Repsol

Venezuelan state energy giant Petroleos de Venezuela (PDVSA) inked a supply contract with Italy's Eni SpA and Spain's Repsol YPF for development of the South American country's massive offshore Perla gas field.

read more... 27/12/2011

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Spain to focus on renewables

Spain is a fast developing renewable energy country and it is expected to move towards by supporting even more expensive energy commodities. Three Spanish companies, Iberdrola, Gas Natural and Endesa registered heavy incomes benefiting from the renewable boost. The chairman of Iberdrola, Sanchez Galan said the company made wrong steps with the development of solar PV power, and will make efforts to avoid such “moving” relative to solar thermal power.

read more... 16/11/2011

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Spanish solar thermal capacity to reach 10GW

According to the released report for sustaining the development of Renewable Energy Plan 2011-2020, solar thermal industry in Spain could reach 10GW of installed capacity by the end of 2020, while the technical-economic potential of solar thermal energy in the Spanish industry accounts for 68GW of installed capacity and annual useful heat of 60 TWh.

read more... 08/11/2011

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