Spain

IEEFA Research

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

October 26, 2017 Read More →
IEEFA Update: A Rush to Subsidies as Power Plants in Europe Face an Existential Threat

IEEFA Update: A Rush to Subsidies as Power Plants in Europe Face an Existential Threat

Paying Producers for Electricity They Might Never Generate

  So-called capacity markets are driving what appears to be a major new trend in energy policy across Europe: More public subsidies for electric utilities. Utilities may get—but not necessarily need or deserve—high-level government support for a variety of reasons, including for their role in equity markets, where they supply returns and dividends for pension […]

December 13, 2016 Read More →
IEEFA Europe: Can Coal Power Hang On?

IEEFA Europe: Can Coal Power Hang On?

Investors May Not Be Eager to Absorb More Losses Like Those Seen in Recent Dutch Build-Outs

Investment in new coal-fired power plants appears off the agenda in Western Europe. Witness the astonishing write-down of brand-new assets in the Netherlands, where European utility giants RWE, Uniper, and Engie have drastically reduced their valuations of plants barely a year old (read the report we published this morning, “The Dutch Coal Mistake,” which concludes […]

November 30, 2016 Read More →

More News and Commentary

IEEFA Europe: Progressive energy policies will make rooftop solar more affordable

Technologies that optimise home installations are still too expensive

LONDON—Roof-top solar can be a critical way to meet new carbon-emissions standards, but unsubsidised payback periods are still too long and, by and large, home-solar systems still lack a cost-effective means of enabling households to use as much of their home generation as possible. Ultimately, batteries almost certainly will become a critical part of home […]

November 28, 2018 Read More →

Endesa to shutter two of its Spanish coal-fired power stations

Reuters: Spanish utility Endesa plans to close two of its coal plants in Spain, representing around two-fifths of its coal-fired generating capacity in the country, the company said on Friday. As companies globally move towards a lower carbon economy, Endesa’s Italian parent company Enel, is phasing out coal-fired power plants and focusing on electricity grids, […]

November 19, 2018 Read More →

Spain aims for 100% renewables by 2050

The Guardian: Spain has launched an ambitious plan to switch its electricity system entirely to renewable sources by 2050 and completely decarbonise its economy soon after. By mid-century greenhouse gas emissions would be slashed by 90% from 1990 levels under Spain’s draft climate change and energy transition law. To do this, the country’s social democratic […]

November 15, 2018 Read More →

Spain to close most remaining coal mines by year’s end

The Guardian: Spain is to shut down most of its coalmines by the end of the year after government and unions struck a deal that will mean €250m (£221m) will be invested in mining regions over the next decade. Unions hailed the mining deal – which covers Spain’s privately owned pits – as a model […]

October 29, 2018 Read More →

IEEFA Europe: Spain scraps solar tax in energy market shakeup that threatens coal

A new government is reversing outdated policies in Europe’s sunniest country

LONDON—Spain has scrapped a tax widely criticised for undermining solar power in Europe’s sunniest country in an energy policy reversal that has also dimmed the outlook for coal power. The full scale of the new government’s plans will be revealed by the delayed publication of a draft climate change and energy transition law, expected in […]

October 26, 2018 Read More →

Spain, looking to boost solar, scraps ‘sun tax’

Reuters: Spain took measures on Friday aimed at reducing electricity bills which are among the highest in Europe and are often criticized for reducing business competitiveness and consumer’s purchasing power. The government will scrap a controversial levy on solar power affecting households and small businesses, Energy and Environment Minister Teresa Ribera said, making it easier […]

October 9, 2018 Read More →

Spanish government looks to reform energy sector

Bloomberg: The Spanish government is exploring ways to persuade investors to finance a 100 billion-euro ($116 billion) transformation of its energy system as it tries to move beyond past policy mistakes that led to widespread losses and lawsuits. The Socialist administration is drawing up plans to expand renewable power generation, modernize its transport system and […]

September 12, 2018 Read More →

Renewables supplied 45.8% of Spain’s electricity in first half of ’18

PV Magazine: A combination of good meteorological conditions in the first half of 2018 has led Spain to cover 45.8% of the electricity demand on its grid via renewable energy sources (the figure excludes the Balearic and Canary Islands). Wind energy systems were the peninsula’s primary source of electricity, covering 22.6% of its electricity demand, […]

July 12, 2018 Read More →

New leaders in Spain, Italy may push for more renewables

Greentech Media: New political leaders in Italy and Spain have brightened the outlook for renewables in two of Europe’s biggest energy markets. In Italy, the fourth-largest economy in Europe, new Prime Minister Giuseppe Conte said in his inaugural speech this month that “we will work to speed up the process, already in progress, of the […]

June 13, 2018 Read More →

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

February 15, 2018 Read More →