About Spanish distributed energy storage requirements
The Strategy quantifies the storage needs to contribute to the decarbonization of the energy system in coherence with the provisions of the Spanish National Energy and Climate Plan (NECP) 2021-2030 and with the objective of climate neutrality before 2050, including the use of the energy available in the electric vehicle park (26 GWh per year by 2030), the additional battery capacity behind the meter (with a minimum of 400 MW in 2030), as well as the large-scale storage provided by solar thermal power plants.
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About Spanish distributed energy storage requirements video introduction
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6 FAQs about [Spanish distributed energy storage requirements]
Will Spain achieve 20GW of storage by 2030?
In addition, Spain has developed a national storage roadmap that includes a target to achieve 20GW of storage by 2030. However, current levels of customer-sited storage adoption already exceed its 2030 targets.37
Does Spain need storage?
Spain is relatively isolated from other markets and only has limited import and export capacity to France, Portugal and Morocco. This means that Spanish storage faces limited competition from cross-border flexibility. The Spanish Government have recognised the need for storage and set a target of 22GW by 2030.
What will Spain's energy plan look like in 2030?
By 2030, Spain expects to install 22.5 GW of energy storage projects, including included battery energy storage, pumped hydropower and solar thermal plants. The plan also aims for 76 GW of solar power, 62 GW of wind power, which includes 3 GW of offshore wind, along with 1.4 GW of biomass projects.
What is Spain's national energy & climate plan (necp)?
Unlike a number of other EU countries, Spain’s National Energy and Climate Plan (NECP) specifically includes targets and policies aimed at encouraging storage projects. In addition, Spain has developed a national storage roadmap that includes a target to achieve 20GW of storage by 2030.
Why are battery storage options more suitable in Spain?
As a result, shorter duration storage options like batteries are more suitable in Spain. In Spain, over 50% of excess renewable energy occurs in periods where there is continuous excess for less than 12 hours i.e. a battery that chooses to charge on this energy would be able to discharge within 12 hours.
Does Spain have a storage market?
Utility-scale storage remains nascent. Currently, Spain’s storage market is mainly composed of small-scale batteries co-located with solar PV. Spain’s household electricity prices now stand at over EUR 0.30/kWh on average. In addition, Spain’s reliance on fossil gas has increased price volatility in recent years.16,17,18,19