Spain approves green energy projects worth over €57 billion

by Lorraine Williamson
green energy

MADRID – Spain’s efforts to advance green energy have reached a significant milestone with the approval of more than €57.6 billion worth of renewable energy projects. These projects, spanning a wide range of clean energy sources, have successfully met the bureaucratic requirements for their final assessment.

Spain’s commitment to transitioning to cleaner and more sustainable energy sources is reflected in the approval of these projects. With over 950 initiatives receiving the green light, the country is set to make substantial progress in reducing carbon emissions and promoting a greener future. 

Meeting bureaucratic deadlines 

The vast majority of projects that had obtained an Environmental Impact Assessment (EIA) prior to January 25 have now secured the necessary Provisional Administrative Permits (AAP) ahead of the government’s deadline on April 25. El Economista writes this administrative milestone is crucial for energy companies as it paves the way for the operationalisation of their new installations. 

Notable approvals and contributions 

Leading energy companies have emerged as key players in this significant achievement. Naturgy, for instance, has obtained AAP for more than 1,000 MW of projects, including several advanced initiatives. Galicia stands out as a region where Naturgy has successfully completed eight wind energy projects. 

Related post: Spain wants to accelerate green energy transition EU and ambitious climate goals  

Cepsa, another prominent player in the sector, has secured AAP for nine projects with a combined capacity of 1,052 MW. These projects are located in Toledo, Madrid, and Cádiz. 

EDP has also been given the green light for 1,100 MW of renewable energy projects, further bolstering Spain’s clean energy ambitions. 

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Challenges in project implementation 

While the approvals mark a crucial step forward, industry experts caution that significant challenges lie ahead. Limited resources and delays in administrative procedures may impede the timely completion of these projects, including securing necessary funding within the prescribed timeframes. 

Commitment to Further Development 

In parallel with these project approvals, the Spanish government has initiated the revision of the Integrated National Energy and Climate Plan (PNIEC). This revision is aimed at optimising the planning of the electricity transmission network, exploring opportunities in hydrogen-related investments, and expanding the network itself. Furthermore, potential adjustments to investment limits within the transmission network are also being considered, provided they align with the recovery and resilience plan. 

Addressing sector delays and enhancing efficiency 

Recognising the challenges faced by the sector due to administrative bottlenecks, the Ministry of Ecological Transition (Miteco) has established a dedicated department for electrical energy projects. This move aims to streamline bureaucratic processes, improve efficiency, and ensure timely responses to environmental impact assessments, provisional administrative permits, and building permits. 

A promising future for green energy in Spain 

Spain’s approval of these significant green energy projects not only signals its commitment to sustainability but also positions the country as a major player in the renewable energy sector. Consequently, these initiatives will not only contribute to reducing carbon emissions but also generate employment opportunities and foster sustainable growth. 

Building a strong position in the renewable energy market 

With its focus on hydrogen projects and the expansion of the electricity transmission network, Spain aims to solidify its position as a leading supplier of renewable energy within Europe. Moreover, the revision of the PNIEC underscores the government’s determination to drive further development and investments in green energy. 

As Spain continues its transition towards a more sustainable future, the approved green energy projects serve as a testament to the country’s commitment to combating climate change and embracing renewable energy as a driving force for economic growth. 

Related post: Spain wants to become Europe’s green hydrogen hub 

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