In line with the EU targets, Spain has committed to carbon neutrality by 2050 and has set interim decarbonisation targets for 2030.
In order to achieve them, the Spanish government has recently approved a series of regulatory measures and is consulting on a variety of additional plans. This includes, among others:
- A new regulatory regime for renewables and a new renewables auction design
- A capacity remuneration mechanism
- A strategic fast response reserve
- Energy storage and hydrogen strategic plans.
Frontier Economics and SS&C Intralinks have produced a market brief which describes how these measures fit in the government’s overall strategy and priorities and the investment opportunities this creates. The analysis covers greenfield and brownfield investments in renewable and thermal power plants, batteries and renewable gases.
You can read the market brief (in Spanish) here.
For more information, please contact us on firstname.lastname@example.org or at +44 (0) 20 7031 7000.