Will Spain have 22 GW of energy storage capacity by 2030?

The country plans to have 22 GW of storage capacity in place by 2030, said the ministry. This will include battery and pumped hydro plants, as well as potentially some thermal storage associated with concentrated solar power technology, which Spain is a leader in. Spain's capacity market could provide opportunities for energy storage

Are energy storage technologies a solution to the decarbonisation of Spain?

In this context, the development of energy storage technologies has been presented as one of the main solutions to enable the full decarbonisation of the Spanish energy system and ensure the delivery of supply, maximizing the use of the grid and providing structure to the integration of renewable technologies.

Why is pumping hydro storage important in Spain?

Pumped hydro storage already plays an important role in helping to balance large amounts of renewable energy on the Spanish grid, which as of April 2024 was operating with between 60% and 70% renewable energy penetration. Battery storage, meanwhile, is increasingly being co-located with renewable energy plants to avoid revenue cannibalization.

Does Spain need a grid integration?

Spain's electricity faces significant challenges. While recent efforts have focused on expanding wind and solar capacity, effective grid integration is equally crucial for a successful energy transition. Territorial Divide.

Can pumped storage capacity be increased in Spain?

Although the energy storage industry in Spain is focusing on battery storage, there is also a possibility to increase pumped storage capacity. However, there are various challenges associated with developing these projects in Spain, including social and environmental impacts, and the timelines associated with such projects.

Why do we need better grid connections?

The concentration of wind and solar in specific regions necessitates improved grid connections to prevent bottlenecks and ensure efficient electricity distribution. Curtailment and Grid Congestion. Limited grid capacity and insufficient storage led to Spain wasting around 1% of its renewable energy in 2023.