Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.
read more... 13/01/2014
According to a new report from grid operator Red Electrica de Espana, last year, Spain got the bulk of its electricity from wind power, which has narrowly beat out nuclear power and coal as the primary source of electricity for Spain in 2013. According to the figures, wind turbines met 21.1% of electricity demand while nuclear reactors provided 21% of power.
read more... 09/01/2014
Spanish electricity bills are expected to climb by at least 10.5 percent in January, after a new benchmark price for power being set in an auction, representing a major blow for already cash-strapped consumers.
read more... 20/12/2013
Spain is one of Europe’s most energy-poor nations, importing about 99 percent of its oil and gas requirements. According to some estimates, Spain has large reserves of shale gas, and if technically recoverable, these reserves could revitalize the Spanish economy at a time of huge economic insecurity.
read more... 29/11/2013
Spanish oil major Repsol and Argentina’s main energy company YPF inked a preliminary deal on Monday, under which Repsol will receive a 51 percent stake in the South American’s nation’s energy company.
read more... 26/11/2013