Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Wind Energy Output Hit Record High in Spain (Kept Electricity Prices Lower than Neighbors’)

 
In the month of February, wind energy supplied Spain with a record 21.7% of its electricity needs, 4.890 GWh of electricity. This helped keep the country’s price of electricity lower and was a huge benefit for the country’s economy (see more details at the end of this post).

spain wind energy

As noted by wind energy company Gamesa, the electricity produced by wind power in Spain would have been enough to power the entire country of Portugal, its neighbor to the West.

And, actually, production in the first half of February was much higher than in the second. Wind accounted for a very significant 28.9% of average electricity demand in the first half of February.

“What’s more, wind energy enabled Spain to avoid around 260 million euros in income transfers abroad by reducing the bill for importing fossil fuels and by preventing CO2emissions,” Gamesa wrote. “Wind energy prevented emissions totalling 1.8 million tonnes of CO2 in February, the equivalent of planting 900,000 trees.”

Of course, the large amount of wind power, which reduces the price of electricity, kept Spain’s electricity bills much lower than those of its European counterparts in the midst of some very cold February weather.

“While in the first two weeks of the month the average Spanish electricity market price stood at €51/MWh, in France it was more than double at €105/MWh.”

Red Eléctrica de España (REE) reports that this record output from wind power made it the third largest contributor to the country’s electricity production in February, only behind coal and nuclear power.

Some more fun facts on wind energy industry in Spain:

  • It provides Spaniards with ~30,000 jobs.
  • It “exports technology valued at more than 2 billion euros annually and eliminates the need for importing 2 billion euros’ worth of fossil fuels, helping to offset Spain’s current account deficit.” (Hear people tell you Spain is in financial trouble because of its clean energy investments? Correct them by explaining that clean energy helps to keep them from being in an even tighter situation.)
  • The big one (especially for discussion the matter mentioned above): “for every euro wind energy receives in government incentives, the industry returns three euros to the larger economy.

Connect with me on Google+Twitter, or the little-known social networking site referred to as ‘Facebook‘.

Source: Gamesa | Spain wind farm courtesy of shutterstock

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

You May Also Like

Clean Power

US floating offshore wind industry peels self off wall, aims for 4.5 gigawatts in capacity off California coast.

Clean Power

Hothouse flowers no more: floating offshore wind developers are taking aim at triple-digit megawatt territory now.

Clean Power

The Canary Islands are bustling with tourists and cruise ships, but are desperate for renewables to replace diesel generators.

Bicycles

What follows is Part One of a story about a trip my wife and I took recently to Barcelona, Spain, and then home again...

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.