Spain Aims 120 GW of RE Capacity in 2030: NECP 2021-2030

Spain has announced that it will target 120 GW of installed renewable energy capacity by 2030, predominantly wind and solar, highlights the country's National Integrated Energy and Climate Plan (NECP 2021-2030).

The Spanish government sanctioned the plan recommending that renewables make up 42% of the final energy consumption in 2030.

The plan also plans a 21% reduction in greenhouse gas emissions associated to the 1990 levels, a 39.6% improvement in energy efficiency, a 74% share of renewables in the electricity generation and a 22% share of renewables in transport by 2030. Energy storage capacity should develop by an additional 6 GW.

Spain will target a 100% renewables share in the electricity sector by 2050, in line with the climate-neutral policy set by the European Union. Coal-powered capacity will drop to 0-1,300 MW in 2030 from 4,532 MW estimated in 2025 and 11,311 MW in 2015, the base year.

Nuclear power capacity will decline brusquely to 3,181 MW in 2030 from 7,399 MW in the base year. Spain’s total installed capacity is projected at 157 GW in 2030. Given the substantial push for renewables in the 2021-2030 period, the ministry deliberates auctions will be the chief tool to accomplish the targets in the impending decades.