Spain's demand for electricity is increasing as renewables set records
According to Red Electrica's estimates, the amount of electricity consumed in Spain increased this year, after two years of decline. A record 56% came from renewable sources, such as solar and wind.
The Spanish renewable energy industry has warned about the dangers of future investment in this sector due to the lack of demand for electricity.
The preliminary figures indicate that demand increased by 1%, or 1.6% when adjusted for working hours and temperatures from 2023 to 244 terawatt-hours.
In its climate and energy plans, Spain has set high targets for renewables. By the end of this decade, renewables will generate 81% the electricity in Spain.
In 2024, the 56% of renewables will represent an increase of six points over last year's record.
In Spain, wind power accounted for 23% of total electricity generation, followed by nuclear energy at 19%.
Solar photovoltaics surpassed gas plants to take third place after a rapid growth.
Carbon dioxide emissions associated with the production of electric power have fallen by more than 16 percent, thanks to the rapid growth of renewable energy sources and the sharp drop in the use of gas for electricity. Reporting by Pietro Lombardi. (Editing by Inti landauro and Mark Potter.
(source: Reuters)
