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Tag:

Spain

Spanish Utility Buys 410 GWh Of Solar Electricity In Auction

Spanish Utility Buys 410 GWh Of Solar Electricity In Auction

written by CleanTechies.com Contributor

Originally published on Sustainnovate.

Endesa Purchases 410 GWh Of Solar Electricity In Recent Auction

The Spanish utility company Endesa purchased 410 gigawatt-hours (GWh) of solar electricity during a recent solar energy auction for Portugal and Spain, according to recent reports. The solar auction in question ended with a price of €39.6/MWh/megawatt-hour ($43.82).

The aforementioned 410 GWh of solar electricity equates to roughly 681 megawatts (MW) of nameplate capacity.

As of the middle of last year, the Spanish utility company has been “encouraging” that quarterly solar energy auctions be held by the independent Iberian Energy Derivatives Exchange (OMIP), for the Iberian peninsula. The quarterly auctions relate to roughly 500 GWh of generation, varying somewhat depending on the level of production at the various times of year.

An Endesa rep commented on the successful auction, stating that it had reaffirmed the “positive market acceptance” of the approach.

A separate release from the company stated: “Until the solar auctions began, the wholesale forward market had not offered the financial risk management tools in a transparent, reliable and competitive environment, required to meet the specific profile of solar production.”

“This auction has also enabled the creation of a specific index for solar products (SPEL Solar), the first in Europe which also serves as a reference to analyse the progress and behaviour of this technology in the financial markets.”

The next quarterly Iberian solar auction is slated for June 2016.

Notably, Endesa is a part of Enel Group, along with Enel Green Power, a 2015 Zayed Future Energy Prize finalist and one of the largest renewable energy project developers and operators in the world.



March 19, 2016 0 comment
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Wind Energy Was Top Energy Source in Spain in 2013

Wind Energy Was Top Energy Source in Spain in 2013

written by Edouard Stenger

2013 was an excellent year for wind energy in Spain as this renewable energy source became the first electricity source, just in front of nuclear. Wind power indeed accounted for more than 21 percent of the total electricity consumed in the country.

According to Somos Eolicos, a Spanish website, wind power produced almost 50 TWh in 2013, an increase by 16 percent over 2012. This large amount of electricity from wind prevented importing up to 3.7 billion Euros of fossil fuels.

Spain has an installed capacity of over 22 GW, the fourth largest in the world behind Germany, the United States of America and China (with 31 GW, 60GW and 75 GW, respectively). In 2013, the global wind power capacity reached 318 GW.

Furthermore, a local company is extremely well placed in the global competition. Gamesa is indeed the fourth largest company of the sector.

In 1996, there was only 163 MW of wind power capacity in the country. In 2001, already 3,442 MW; in 2005, 9,910 MW; in 2011, 21,673 MW. That’s right, the Spanish wind energy capacity grew 137 times between 1996 and 2012.

As a result of the boom, electricity in Spain got a little bit cheaper, 0.8% percent less in the first half of 2013, compared to a 2.32% increase in the overall Eurozone.

However, in 2013, only 175 MW of capacity were installed as the Spanish central government has decreased its financial aids.

Overall, renewable energy sources such as wind, hydro and solar generated almost a third – 32 percent – of  the electricity in the country in 2012. A decade ago, renewables brought only around 15 to 22 percent.

These are fantastic news that show how large countries can rely massively on clean energy sources. Another example of this is neighboring Portugal, which will be the topic of a next article.



February 13, 2014 0 comment
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Spain Sees Record Wind Power Generation in January

written by Walter Wang

The winds of change are blowing strong in Spain. According to the Spanish Wind Energy Association (AEE), in January the country produced more than six terawatts of wind power, according to data released by grid operator Red Electrica de Espana.

It was the culmination of a three-month trend started

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February 13, 2013 1 comment
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Concentrated Solar Power Investors in Spain Muy Agitado

written by Walter Wang

Here’s an article that tells a story that’s playing itself out all over the world – this time, in Spain: Fiery drama and fierce tensions caused by tightening budgets for energy.

Nowhere more than Spain, deficits need to be cut.

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December 4, 2012 0 comment
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World’s Biggest Solar Plant Goes Online in Spain

written by Walter Wang

Andasol, a gigantic farm with 600,000 parabolic mirrors that follow the sun on its daily path across the Earth, has gone online. The system occupies an area that equals the size of 210 football fields.

According to 9Billion, the project is on the Guadix plateau and is a cooperation between four German

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January 4, 2012 1 comment
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Top Ten Highlights of Cleantech in Madrid, Spain

written by Walter Wang

Madrid is the magnificent capital city of Spain, a European country that resides along the Iberian Peninsula. It is thought of to be a major global leader within the clean technology industry, including the fields of energy efficiency, renewable energy, and environmental sustainability. While it is a capital of a

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November 14, 2011 2 comments
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Solar Thermal: More Efficient, Less Talked About

written by Walter Wang

In most countries solar power is often perceived as synonymous with solar photovoltaic (PV), the classic rooftop panels that convert sunlight to electricity through solar cells. But that could be a misconception, says Environmental Protection, since solar thermal, which gets less attention than PV, actually is more efficient.

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October 13, 2011 3 comments
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Top Ten Cleantech Highlights of Iberdrola

written by Walter Wang

Iberdrola is a prominent global private electric utilities company as well as the largest operator of renewable energy in the world. It is headquartered in Bilbao, Spain and services more than 16 million customers around the world (with nine million of those customers in Spain). Some of the operations include transmission,

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October 13, 2011 0 comment
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Island of Majorca Will Get Renewable Energy from Mainland Spain

written by Walter Wang

The popular Spanish holiday destination will clean up its energy mix with an underwater connection to the mainland.

Back in October 2007 Siemens announced on its website that its Power Transmission and Distribution (PTD) would connect the resort island of Majorca to the power grid on the Spanish mainland for the first

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September 23, 2011 1 comment
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Top Ten Highlights of Cleantech in Spain

written by Walter Wang

Spain is currently the second largest global solar market and the third in the global wind market. Spain houses some of the leading renewable energy research centers, including Almeria Solar Platform, the National Center for Renewable Energy, and ISFOC, one of the cornerstones for concentrating photovoltaics. The Spanish government has created many progressive

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April 12, 2011 1 comment
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Baseload (24/7) Solar is here!

written by Tony Seba

The Andalucia region of Spain has developed many solar firsts: the world’s first commercial solar power tower (PS10), the largest (PS20), as well as the world’s first solar power plant that generates solar electricity past midnight.  Andalucia will soon add another first to that shiny list: the world’s first commercial baseload solar power plant.

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March 15, 2011 0 comment
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Solar Installations Manipulated in Spain, Investigations Show

written by Marta Iglesias

Spanish newspaper El Mundo published yesterday the results of the 4,016 inspections made by the Spanish Energy Commission (CNE). The investigations show that three out of four solar photovoltaic (PV) parks didn’t comply with the Spanish

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January 17, 2011 2 comments
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Lessons from Capped Programs: Spain FIT Revisions

written by The Vote Solar Initiative

A look at the arc of solar policy development in Spain can shed some helpful lessons for policymakers. The upshot: if a government is uncomfortable with unlimited cost exposure and sets caps on the amount of development, that decision triggers additional policy considerations. The implications are important for the project development process, as capped programs

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December 20, 2010 1 comment
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The Sun, At Risk in Spain

written by Marta Iglesias

Miguel Sebastian, the Spanish minister of Industry, recently announced his plans to cut the feed-in tariff for solar energy in Spain. His decision will not be effective until sometime this month, when the National Energy Commission and the Estate Commission give the last word.

The decision is part of the government’s

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September 1, 2010 2 comments
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