Technical FAQs 4

Will Spain start a new energy storage scheme?

The Ministry of the Environment of Spain has launched its latest financial support scheme for energy storage, aiming to kickstart 2.5-3.5GW.

Does Spain need energy storage?

Spain is targeting around 22.5GW of energy storage by 2030 as part of its National Energy and Climate Plan (NECP). But, it has been relatively slower to deploy grid-scale energy storage than other major EU economies including Italy, France, Germany, Belgium, Netherlands and the Nordics.

How can ports reduce energy costs?

ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity. The wholesale price of energy varies every half-hour, and on a time-of-day tariff this variation is passed onto users.

How long does it take to build energy storage in Spain?

Projects will need to be built within 36 months of being granted the aid, with a final commercial operation date no later than 31 December, 2029. Spain is targeting around 22.5GW of energy storage by 2030 as part of its National Energy and Climate Plan (NECP).

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