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Spanish ambitious energy targets

In a significant step towards the energy transition, Spain’s Ministry for Ecological Transition and the Demographic Challenge (Miteco) presented on Wednesday the draft update of the National Integrated Energy and Climate Plan (Pniec 2023-2030). This ambitious plan sets new goals to increase the use of renewable energies and reduce greenhouse gas emissions in the country.

The draft proposes an increase in the final renewable energy consumption target from 42% to 48%. In addition, it seeks to increase electricity generation from renewable sources, reaching 81% in 2030, compared to the 74% previously established. These targets reflect Spain’s commitment to promote the transition to a more sustainable and carbon-free energy matrix.

In terms of energy efficiency, the plan sets a target for improvement, rising from 41.7% to 44%. This would involve implementing measures and technologies that promote more efficient energy use in all sectors, from residential to industrial.

One of the highlights of the draft is the greenhouse gas reduction target, which increases from 23% to 32% by 2030, compared to 1990 levels. This more ambitious target reinforces Spain’s commitment to the fight against climate change and is aligned with the objectives set by the European Union (EU) under the European Green Pact.

In addition, the plan seeks to reduce Spain’s energy dependence by 51%. This implies reducing the need to import fossil fuels, which would not only contribute to the country’s energy security, but would also generate an estimated savings of more than 90 billion euros in energy imports.

To achieve these goals, the draft plan sets specific targets for installed capacity in various renewable energy sources. By 2030, 62 gigawatts of wind power, 76 gigawatts of photovoltaics, 4.8 gigawatts of solar thermal, 1.4 gigawatts of biomass power and 22 gigawatts of storage capacity are expected to be installed. These figures represent a major boost for Spain’s renewable energy industry and will promote clean and sustainable electricity generation.

The draft plan highlights the need to increase ambition to achieve carbon neutrality by 2050. This goal aligns with international efforts to curb the impact of global warming and modernize the economy towards greater sustainability.