Spain plans to move to a new auction system for renewables

Spain’s cabinet has approved a decree establishing rules for renewable energy auctions. The new framework permits the hybridisation of technologies, the expansion and modification of existing facilities, and the use of storage. In the first and only auction that will be held this year (expected by end 2020), the Spanish authorities are planning to allocate around 3.6 GW of renewable energy capacity. Of this, 1 GW will be for photovoltaic technology, 1 GW for wind power and 80 MW for biomass projects, while around 1.5 GW will be allocated with no technology restrictions. For the following five years, up to 2025, solar is expected to have an allocation of over 1.8 GW per year and wind, 1.5 GW.

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