Port of spain berlin shared energy storage

Why do we need energy storage systems in Spain?

Energy storage systems in Spain are a key element in the fight against climate change, as they help us to address the challenge of the energy transition. These systems make renewable energy production more flexible; and therefore help us to guarantee its integration into the Spanish electricity system.

How will the European Commission support large-scale energy storage in Spain?

The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain. Subsidies will be available for standalone energy storage sites, projects installed alongside renewable energy facilities, and storage planned as part of thermal power plants.

Is Spain targeting 20GW of energy storage by 2030?

Spain is targeting 20GW of energy storage by 2030. This BESS was deployed by Ingeteam at a green hydrogen facility in Ciudad Real. Image: Ingeteam. The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1,809MWh in its first tender for energy storage to be co-located with renewables.

Can Spain deploy large-scale energy storage with co-financing of 85%?

The European Commission on Monday greenlit a new aid scheme to enable Spain to deploy large-scale energy storage with co-financing of up to 85%. The European Commission on Monday approved a new aid scheme for the deployment of large-scale electricity storage in Spain.

How many new energy storage projects are in Spain?

Spain targets 20GW of new energy storage by 2030. The first tender ended up being oversubscribed with more than 1.1GW/1.1GWh capacity, between 58 projects, not selected for the funding of the tender. The projects that were awarded in the PERTE tender were measured based on four criteria, with different points.

Which country has the most energy storage systems in Europe?

With more than 20,000 megawatts, Spain is the country with the largest number of energy storage systems in Europe measured by power, and has the second largest number of projects: 128 in total; second only to Germany's 169.