By 2030 Spain's Wind Power Capacity Will Reach 40 GW

- Nov 24, 2017 -

According to the idea of the Spanish Wind Energy Association (AEE), by 2030, Spain's wind power installed capacity will reach 40 GW, providing more than 30% of the country's electricity.

AEE's vision includes ambitious targets for electrification and decarbonization to meet the target of a Paris agreement to reduce greenhouse gas emissions by at least 80% -95% by 2050.

"The electricity industry must take steps to meet new electricity needs without compromising on its emission reduction targets." AEE expects to include 1.7GWh of installed capacity each year, including the Canary Islands, by the end of 2017 , Spain can raise wind capacity to 28 GW by 2020. After 2020, it is estimated that by 2030, the estimated annual additional generating capacity will slow down to 1.2 GW and the cumulative installed capacity will reach 40 GW. 2050 installed capacity of 60 GW.

New wind capacity could help Spain cut its emissions of hazardous substances from the power sector by 30% by 2020 from 2020 to 42% by 2030 and carbon neutral by 2040.

"It is envisaged that the key 17,000 megawatts of new wind capacity by 2030 will also be able to offset the decline in output from fossil fuel power plants in the system to account for the increased demand for economic activity and electrification of transportation." AEE noted that due to the current energy model Incompatible with the European goal, Spain will need to have a secure regulatory framework to provide a suitable investment climate.

Juan Virgilio Marquez, CEO of AEE, said: "The new model of energy planning must provide long-term predictability and coordinate horizontal policies."

According to the scenario, renewable energy will meet 40% of Spain's electricity demand by 2020, 62% in 2030, 92% in 2040 and 100% in 2050.

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