How will the European Commission affect the photovoltaic industry in Spain?

The European Commission (EC) has presented 2 measures that will have an impact on the photovoltaic industry in Spain: The Net-Zero Industry Act (as a response to the US Inflation Reduction Act) and the REPower EU (as a response to the energy dependence).

What are the targets for photovoltaic energy in Spain?

The targets for photovoltaic (PV) energy in Spain are outlined in the “Integrated National Energy and Climate Plan” (PNIEC). The 2023 update of the PNIEC, published in September 2024, sets the following targets for 2025 and 2030: • Total PV target for 2025: 46,5 GWn • Total PV target for 2030: 76,3 GWn • Self-consumption PV target for 2030: 19 GWn

How does Spain support self-consumption solar PV?

Spain has implemented various support measures to encourage the adoption of selfconsumption solar PV systems: • Capital Subsidies: The Spanish government, through programs like the Next Generation EU funds, has provided subsidies to offset the initial costs of installing solar self-consumption.

What subsidies are available for solar energy in Spain?

• Capital Subsidies: The Spanish government, through programs like the Next Generation EU funds, has provided subsidies to offset the initial costs of installing solar self-consumption. These subsidies have been available for residential, commercial, and industrial sectors, though many concluded by December 2023.

Will Spain strengthen its electricity system after a power outage?

The Spanish government has approved legislation to strengthen its electricity system following the major power outage the country experienced in April.

Why does Spain have so many wind and solar power?

The abundance of wind and solar in Spain’s energy mix reflects natural geographical advantages and years of deliberate policy decisions to promote renewables over fossil fuels. Spain was one of Europe’s renewable energy pioneers, installing more than 20 GW of wind power in the early 2000s.