About Latest news on new power storage policies in Barcelona Spain
The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%. From ESS News The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain.
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6 FAQs about [Latest news on new power storage policies in Barcelona Spain]
How much power will Spain's energy storage projects add to the grid?
The 45 battery and thermal energy storage projects allocated European Union subsidies will add more than 779 MW/3.4 GWh of capacity to the Spanish grid.
How much money will Spain get from a battery project?
Some 35 battery sites with a total scale of 690.2 MW/2.82 GWh will receive €150 million under the program. A further 10 thermal storage sites will receive €6.48 million and add 88.35 MW/591.27 MWh of capacity to Spain’s grid. All the projects will be operational in either 2025 or 2026.
How much power will Spain have?
the Spanish electricity system is expected to have a total installed capacity of 214 GW, including 160 GW from renewable energy sources; -- wind power capacity will reach 62 GW, including 3 GW from offshore wind farms; -- solar photovoltaic capacity will rise to 76 GW, including 19 GW from self-consumption systems;
How would a capacity mechanism work in Spain?
Capacity mechanisms pay energy generation and storage site owners for having capacity available for deployment in times of grid need, as well as paying for the electricity provided. Any such system would complement Spain’s active demand response service, which stimulates the demand side of the supply and demand equation to help keep the lights on.
How many GW of electricity will Spain have in 2023?
The goal for electrolysis capacity is raised to 12 GW from 11 GW as envisioned in the draft NECP. Other key targets have been untouched since June 2023: -- the Spanish electricity system is expected to have a total installed capacity of 214 GW, including 160 GW from renewable energy sources;
What changes has the Spanish government made to the necp?
The Spanish government has made few changes to its final 2023-2030 National Integrated Energy and Climate Plan (NECP) compared to the draft version, raising only energy storage and green hydrogen targets. Image by Robert Bosch GmbH. All Rights Reserved.