News / Spain opens public consultation for 3 GW renewables tender

Spain opens public consultation for 3 GW renewables tender

🕔 January 5, 2017
Inspired Evolution invests US$36 million in solar PV projects in sub-Saharan Africa

Spain's Ministry of Industry, Energy and Tourism has opened a public consultation for a proposal for 3GW auction for new renewable energy capacity in the country.

The consultation will run until January 20 and the auction is expected to be held in the current quarter. The Ministry targets 1,400 MW of wind power, 1,400 MW of solar photovoltaic power and 200 MW of other renewables.

Spain is currently far ahead of forecast targets for achieving the goal of 20% renewables in its total energy consumption by 2020. The country posted a 17.3% penetration rate by renewables in final energy consumption in 2014, including biofuels. This compares with the forecast rate of 12.1%. The Ministry of Industry, Energy and Tourism forecasts a similar figure for 2015. Bearing in mind that it was a year of lower-than-average water resources and little wind, this confirms an upward trend in penetration by renewables.

According to Eurostat, Spain has a higher rate of penetration by renewables than the European Union average. Furthermore, Spain is ahead of most of the countries in the same peer group (such as France, Germany, the United Kingdom, the Netherlands or Belgium), both in terms of having a higher rate of penetration by renewables and because it is closer to achieving its target for 2020.

The Ministry of Industry, Energy and Tourism estimates that, with the measures adopted in recent years, Spain will show a penetration rate by renewables in total energy consumption of approximately 18.5% to 19% by 2020.

A number of actions have been taken in recent years to foster the penetration of renewables: auction of new wind power (500 MW) and biomass power (200 MW)introduction of wind power in the Canary Islands (450 MW)specific tax regime for biogas, biomass, cogeneration and hydro-power (120 MW)increased penetration target for biofuels in the automotive industry (up to 8.5% by 2020), etc. 

In terms of the electricity system, the penetration by renewables in the generation mix has continued to grow in recent years. In the first half of 2016, 50.6% of the electricity produced was of renewable origin. Furthermore, solar (photovoltaic and thermo-solar) technologies have grown from accounting for 3.4% of the generation mix in 2011 to 5% in 2015 (even rising to 5.6% in 2016 to date).



League Tables

IPP Journal accepts project & transaction submissions to ensure that the data we have in our databases is accurate.

Download Submission Form  Download Submission Form

Newsletter

Subscribe to our newsletter and get in your inbox jobs, news and business opportunities.


Follow us on Twitter

Infrastructure & PPP news

InfraPPP World