What is the first electric energy storage system in Spain?

In November 2019, Iberdrola España inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain.

How many new energy storage projects are in Spain?

Spain targets 20GW of new energy storage by 2030. The first tender ended up being oversubscribed with more than 1.1GW/1.1GWh capacity, between 58 projects, not selected for the funding of the tender. The projects that were awarded in the PERTE tender were measured based on four criteria, with different points.

Why are battery storage options more suitable in Spain?

As a result, shorter duration storage options like batteries are more suitable in Spain. In Spain, over 50% of excess renewable energy occurs in periods where there is continuous excess for less than 12 hours i.e. a battery that chooses to charge on this energy would be able to discharge within 12 hours.

Does Spain have long-duration energy storage?

Aurora’s analysis of long-duration energy storage in Spain, commissioned by Breakthrough Energy, is available in a free, public report—download it here. Renewable power generation has been at the forefront of Spain’s efforts to reduce greenhouse gas emissions over the past two decades.

Will Spain's plans to expand renewable power capacity lead to a 'economic curtailment'?

Spain’s plans to rapidly expand renewable power generation capacity threaten to lead to frequent periods when generators cannot recoup their running costs, resulting in the waste—or “economic curtailment”—of over 5% of total renewable generation in 2025-2035, new analysis by Aurora Energy Research finds.

Could long-duration energy storage reduce economic curtailment in Spain by 2035?

Long-duration energy storage (LDES) offers a vital solution: deploying 15 GW would eliminate economic curtailment in Spain by 2035, accelerating progress to Net Zero and reducing power system costs, Aurora’s modelling shows.