Spain will aim to cut its greenhouse gas (GHG) emissions by 90% by 2050, from 1990 levels, and achieve 100% renewable power that same year, according to a draft of the Climate Change and Energy Transition Law.

renewable electricity target of 70% for 2030, while the GHG emissions reduction goal is 20% for that year. The government plans wind and solar capacity additions of at least 3 GW per year in the next decade.

Apart from boosting renewables, Spain will also stop issuing new licenses for exploitation activities, ban fracking and lead a just transition for regions depending on the coal industry. Cars and light commercial vehicles that run on petrol and diesel will be banned from 2050, with no new registrations for such possible after 2040.

On 24th December of 2018, 68,630MWh Wind energy have been generated, corresponding to 11% of the daily electricity demand at an average price of 13.12 cents of€/kwh,There are currently installed 1,090 wind farms in 803 municipalities,prevents the emission of 28million tons of co2 every year.

Renewables produced 40.9% of Spain’s power in the first 10 months of 2018, led by wind whose share in the mix arrived at 19.5%. What will be the new business models?

The SWES SOLAR+WIND CONGRESS 2019 will gather the key project owners, investors,developers,EPC,consultants and suppliers to discuss the latest developments and plans to install and manage new solar schemes. Key themes include the growth of commercial and industrial installations, integrating storage, new pricing models, O&M and smart-efficient technologies providing unprecedented opportunities for the supply chain.

Activity highlights:

Make self consumption feasible without 7% “sun tax”,net-metering utility in spain Changing the pricing model for solar in Spain Regulation frame of finance, how market risk affects financing of projects and hence likelihood of getting actual projects developed Critical comment about how we can meet the wind and solar capacity additions of at least 3 GW per year in the next decade.

 

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