Endesa bets on a new system of renewable auctions that avoids speculation
Endesa bets on a new system of renewable auctions that avoids speculation
At the moment, the penetration of renewables in Spain is lower than that of Portugal. The transport network, in particular, is much more meshed than that of Portugal. In Spain there is now much more network access capacity to accommodate more renewable generation than in Portugal. Endesa thinks the right model for the renewable energy sector is a combination between Spain’s and Portugal’s strategies.
SHARES
A month ago, the Spanish government gave the green light to the new system of renewable auctions. The tool seeks to accelerate the goal for the installation of 60 GW non-polluting in the next decade. The new auction framework comes in the context of cheaper green energy production and energy transition.