Energy storage in Spain
Find out all about how Iberdrola España is revolutionising energy storage with advanced solutions for a future of sustainable energy in Spain.
Energy storage systems in Spain are a key element in the fight against climate change, as they help us to address the challenge of the energy transition. These systems make renewable energy production more flexible; and therefore help us to guarantee its integration into the Spanish electricity system.
A draft royal decree regulating the grid investment plans will be available to read until Oct. 6. The existing grid investment limits – of 0.13% of Spanish GDP for the transmission network and 0.065% for distribution – will be raised 62% to free up an additional €7.7 billion for distribution and €3.6 billion for transmission spending, through 2030.
The new strategy allocates up to €7.7 billion ($9 billion) more for electricity distribution grid spending and an additional €3.6 billion for the transmission network. The latter infrastructure must meet almost 28 GW extra demand through 2030, 14 times more than previously expected.
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