Spain has increased its energy storage target by 2030 to 22.5GW in the latest update of its National Energy and Climate Plan (NECP).
The Spanish government, through the Ministry of Ecological Transition (MITECO), has passed a royal decree that updates the country''s NECP targets between 2023-2030.
With the passage of the royal decree earlier this week, Spain has slightly increased its target for energy storage from the previously proposed 20GW target by 2030 to 22.5GW. The 22.5GW target by 2030 includes solar thermal capacity. Separately, the target for energy storage deployment will more than between 2025 and 2030, with 9.2GW expected in 2025 and nearly 19GW in 2030.
An ambitious target for the country where energy storage has yet to soar—due to a lack of regulation for the technology—at a similar level to solar PV. In the past 12 months, the country has launched and awarded several auctions for energy storage, including its first tender for energy storage to be co-located with renewable power. Through the Institution for the Diversification and Energy Savings (IDAE), the tender awarded 880MW/1,809MWh of energy storage in November 2023.
The other technology that has seen its target increase is green hydrogen, with a target of 12GW of electrolysers by 2030. This is up 1GW from the targets proposed last year in Spain’s updated NECP.
On the other hand, solar PV''s target remains the same as previously reported by our sister site PV Tech last year. By 2030 the country aims to have 76GW of solar PV, including 19GW of self-consumption.
Renewable energy is expected to play a major role in Spain''s electricity generation, with clean power expected to account for 81% of electricity generation and 48% of energy consumption by the end of the decade.
Spain''s renewable energy targets included in the NECP have changed quickly, and this is not only apparent at the downstream level. The country aims to launch a manufacturing scheme for renewables and energy storage, which will have a provision of €750 million (US$835 million). This summer MITECO published the guidance for the scheme (in Spanish).
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Spain and the Netherlands have launched subsidy schemes to support domestic manufacturing of clean energy technologies, including batteries and solar PV modules.
The moves come at a time when both sectors in Europe appear to be under threat from lower prices from China, as well as the US which has brought in generous tax credit incentives for clean energy manufacturing. The solar industry in particular is said to be in perilous position, as covered extensively by our sister site PV Tech.
The Spanish Ministry of Ecological Transition (MITECO) has opened a new incentive scheme for renewables and storage manufacturing to a public consultation.
The first round of the scheme will allocate over €750 million (US$811 million) based on the necessities outlined in the information gathered during the public consultation. The funds will be provided through Spain''s recovery and resilience plan (PRTR) and are aimed to incentivise the production of equipment and components for solar panels, batteries and electrolysers, among other technologies. According to MITECO, future rounds could add other aspects of the supply chain.
One of the objectives of the scheme is to strengthen Spain''s domestic manufacturing and its strategic autonomy, as well as Europe''s.
Teresa Ribera, the Spanish minister of ecological transition, said the goal is not just to change the ‘colour’ of the molecules or electrons to green but also: "We want capital goods to be produced in Spain."
The Institute for Energy Savings and Diversification (IDAE in Spanish) will oversee the scheme and the financial aid, which would include both existing and new projects. For existing projects, this includes the expansion of the annual capacity by adding a new production line or improving existing lines with equipment not previously in use. However, only projects that have not been started prior to the auction will be accepted.
The public consultation is open until 15 March and more details can beaccessed here(in Spanish).
The Netherlands has launched a new subsidy aimed at supporting domestic manufacturing of solar panels, batteries and electrolysers.
Published earlier this month by the Netherlands Enterprise Agency (RVO in Dutch), the new Manufacturing Industry Investment Subsidy Climate Neutral Economy (IMKE) will support companies in the Dutch manufacturing industry for solar panels, batteries and electrolysers for hydrogen production.
This new subsidy aims to reduce the Netherlands'' dependence on other countries to procure these components.
A consultation has been opened until 3 March 2024 and can beaccessed here(in Dutch). The consultation aims to collect information regarding the conditions of the subsidy, its duration and the amount of the subsidy, among others.
The announcement of both schemes comes only weeks after the European Parliament and the EU Council agreed on new regulations to boost the region''s solar manufacturing industry with the Net Zero Industry Act (NZIA).
Full details of the NZIA are yet to be disclosed, but among the criteria implemented is a 50% quota on solar capacity auctioned by member states for which modules can be sourced from a single country per year.
The full original versions of these two articles can be read on PV Tech: Spain (here) and Netherlands (here).
The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and energy storage manufacturing.
The funds will be provided through Spain''s recovery and resilience plan (PRTR) and aim to incentivise the manufacturing of equipment and components for solar panels, batteries and electrolysers, among other technologies.
The Institute for Diversification and Energy Saving (IDAE in Spanish) will be in charge of the programme, with the auction starting soon, although a concrete date has not been disclosed yet.
Solar PV and battery energy storage systems are among the technologies included in the scheme. In the case of solar PV it will be for the manufacturing and assembly of solar panels, while for BESS it will be for the manufacturing and assembly of batteries, battery cells and battery packs. Batteries aimed primarily for electric vehicles are not included in the scheme.
The scheme was announced earlier this year with a public consultation. At the time, MITECO announced that future rounds could add other aspects of the supply chain.
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