News of the sector

Objective 2030: The energy transition in Spain.

“We have to set a clear and ambitious goal of reducing emissions by 2030 and 2050. The energy transition in Spain, if we do not do it, we can not carry out the decarbonization of the economy as committed by the European Union, and Spain included, in the Paris Agreements “

This was said by the Secretary of State for Energy, José Domínguez Abascal both in the forum organized by Expansión, “Decarbonization of the economy“, and in the business conference organized by El Economista, “The national energy and climate plan”

Following the thread of his speech, we are living a change in the energy model in general, and this change is the only option for the sustainability of the planet, and an unrepeatable opportunity for the boom and development of the renewable energy sector.

This is necessary, because, for example, Spain between 2014 and 2017 has increased its CO2 emissions, which, a quarter come from the electricity generation sector, and of this 58 %, come from thermal power plants. So here we can see why a change in the energy model so necessary.

For all this, before the end of the year, the Government will present the National Plan for Energy and Climate and the Law on Climate Change and Energy Transition.

In 2030 we want the share of renewables in the energy mix to be 32% and energy efficiency to represent 32.5%, but in 2050 the electric mix will be 100% renewable.

To achieve this, the Government will base its legislative packages on five dimensions: Decarbonization; Energy Efficiency and Savings; Energy Security; Energy Internal Market; Innovation, research, and competitiveness.

How will they do it?

The mobilization of an important package of economic resources to encourage the energy transition will be made: 100,000 million euros will be allocated and divided between renewable energy, self-consumption, sustainable mobility, and energy efficiency. And between 80,000 / 85,000 million euros will be earmarked for the circular economy.

All this is foreseen until 2030, with a joint effort of Government, industrial and financial sectors, trying to diminish in addition, the energy dependence of Spain, without jeopardizing the security of supply.

Source: El Periódico de la Energía.

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