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Spain | More renewables to continue lowering costs

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    Spain | More renewables to continue lowering costs

    [url]https://www.bbvaresearch.com/en/publicaciones/spain-more-renewables-to-continue-lowering-costs/[/url]

    Spain | More renewables to continue lowering costs

    Summary

    The increased penetration of renewable energies in Spain, especially solar and wind, has reduced wholesale electricity prices by 20% in the last three years and could cut them by a further 20% by 2030 if the ambitious PNIEC targets are met.

    Key points
    • Renewables contribute to lower electricity prices despite their dependence on weather conditions and the current lack of energy storage.
    • From 2021 to 2024, the remarkable 20 percentage point increase in the share of renewables, driven by solar and wind, reduced wholesale electricity prices in Spain by almost 20%.
    • Lower energy prices have reduced the unit revenues of solar and wind, especially in the case of solar. However, there is no clear evidence that lower energy prices are deterring investment in renewables (a phenomenon called ‘cannibalisation’).
    • Looking ahead, meeting the ambitious PNIEC targets could reduce prices by another 20%.


    ?

    #2
    lol compare a country even remotely in the same climate chuck .

    Comment


      #3
      Climate heck, there is no comparative information in anything he posts. The moon has a completely renewable climate too.

      Comment


        #4
        Cc always worried about all parts of the world. Where does he actually live? Or is he/she just a bot.?

        Comment


          #5
          Originally posted by Grain Farmer View Post
          Cc always worried about all parts of the world. Where does he actually live? Or is he/she just a bot.?
          That’s what I’m thinking as well. The original human which populated this account is a rabid ndp nutbar from somewhere in nw Sask. I’m not doxing the asshole but either it’s him using AI to assist his crusade or he just let the thing loose.

          Comment


            #6
            I don't think Chuck is a bot.
            His responses and limited subject matter are just bot like.
            An actual bot might show a little more human like responses if programed properly.

            Strong NDP are rather bot like on their favorite cause.
            From family experience.
            Last edited by shtferbrains; Jul 5, 2025, 18:36.

            Comment


              #7
              Listen
              i dont undedstand why we have people bashing this. Its stupid to do so.

              dont throw out the " ohhh they get more sunlight" ( they dont) or the .. " they have so much less snow" which is true.

              the question we need to answer as canadians is. ..

              HOW. HOW DID THEY DO THIS?

              Our system is so effed that even if we had double the amount of generation... somehow our prices wouls continue to go UP. And why is it so expensive for us to do this? Tariffs on solar panels?
              location to building materials? Labor cost?

              WHY THE EFF WOULDNT WE WANT THIS?

              And for those of us who bash the chucks... ( i get it. I do get it.. really. I do)

              Do ANY of us that dont care for the chucks of the world.. firmly... and adamantly believe that burning gas and diesel is the BEST THING for our earth and our kids?

              If you answer yes.... i call bull.

              HOW DID SPAIN do this? Thats all that matters.

              Comment


                #8
                Originally posted by goalieguy847 View Post
                Listen
                i dont undedstand why we have people bashing this. Its stupid to do so.

                dont throw out the " ohhh they get more sunlight" ( they dont) or the .. " they have so much less snow" which is true.

                the question we need to answer as canadians is. ..

                HOW. HOW DID THEY DO THIS?

                Our system is so effed that even if we had double the amount of generation... somehow our prices wouls continue to go UP. And why is it so expensive for us to do this? Tariffs on solar panels?
                location to building materials? Labor cost?

                WHY THE EFF WOULDNT WE WANT THIS?

                And for those of us who bash the chucks... ( i get it. I do get it.. really. I do)

                Do ANY of us that dont care for the chucks of the world.. firmly... and adamantly believe that burning gas and diesel is the BEST THING for our earth and our kids?

                If you answer yes.... i call bull.

                HOW DID SPAIN do this? Thats all that matters.
                Think we all can agree alternatives which are economic effective and efficient are better than burning and polluting fossil fuels. Chuck is an asshole whether he’s right or wrong. Takes the oxygen from the room but if it means he’s not beating up on someone at home or swinging from the rafters then okay.

                Comment

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