Since 2021, Spanish energy prices have continued to rise. On October 7 this year, the electricity price rose to 288.53 euros per MWh, setting a historical record. This price is also nearly 7 times the electricity price of the same period a year ago. The soaring electricity bill has had a huge impact on the lives of ordinary people.

Since 2018, electricity bills in Spain have risen by an average of nearly 12%. According to data from the consumer association FACUA, under a widely used electricity price, electricity bills in the first two weeks of November have increased by 50% over the same period last year.

The Spanish renewable energy trade organization APPA said that if the price remains at the current high level, household solar systems can save 40-60% of electricity bills every year. APPA said that government subsidies of about 900 million euros, coupled with local tax relief, this cost will be recovered within five years, the recent surge in installations.

Although Spain’s electricity price increases have eased recently, they are still much higher than last year’s levels. Spanish families are suffering, as are Spanish companies. Especially in the industry, profit margins are most affected by the increase in costs. This week, the Association of Employers of Power-intensive Industrial Companies (AEGE) once again condemned this. Industrial sectors such as metallurgy, chemicals, and steel may have electricity accounting for 60% of their total costs. Electricity prices may become a torture in 2022, and may lead to dire consequences, such as the closure of factories and the subsequent blow to Spanish employment.

The industrial sector maintains a tense relationship with the government because of the lack of solutions after the five-fold increase in electricity prices in the summer, reaching more than 288 euros/MWh in October. This Saturday, the average electricity price in the wholesale market will drop to 180.48 euros per MWh, which is a drop of 2.45% from the 185.02 euros per MWh reached yesterday. However, on an annual basis, electricity has soared by 305%. For example, on November 13, 2020, the average price for that day was 44.52 euros per MWh.

The first concern of the industrial sector is to lose competitiveness with neighboring countries. Spanish industry has paid more than 135% of electricity bills than French companies and 45% more than German companies. The electricity bills per MWh are more than 64 Euros and 35 Euros, respectively. In recent weeks, many Spanish factories have had to stop production due to the incredible cost of electricity.

Spain, which once occupied the top spot in the European solar market, has finally returned in 2019 after 11 years of project development, policy adjustments and a general increase in public awareness of the energy industry.

In 2019, Spain's photovoltaic installed capacity increased by about 4.7GW, mainly composed of large-scale ground power station projects.

In 2020, Spain’s total new installed capacity of renewable energy will be 4.63GW, and the installed capacity of photovoltaics will reach 3.2GW, of which residential users account for 19% of spontaneous self-use, which is nearly double the 10% in 2019 (623MW); commercial photovoltaics The installed capacity accounted for 23% (approximately 736 MW), and industrial projects accounted for 58%.

Although the COVID-19 pandemic has led to a decline in energy demand, many households still choose to install solar power in 2020. The country and various regions have cooperated with solar companies to announce that eligible single-family houses are installing battery-less solar power. After the installation, the investment can be recovered within 10 years and the property tax can be reduced or exempted. Banks have also begun to actively invest in solar roof projects. As of the first half of 2021, 8 autonomous regions in Spain have cancelled and no longer asked for building permits to install rooftop solar energy for households. Other autonomous regions need to gradually implement this policy.

According to the latest news from the Spanish trade association UNEF in May 2021, the Spanish government subsidy policy is expected to bring 3.5GW of self-generated photovoltaic installations, 1.4GW of photovoltaic installations in the industrial sector, 1.6GW of photovoltaic installations in the service sector and public utilities, and 500MW of households. Use photovoltaic installations.

It is predicted that the cumulative installed capacity of photovoltaic power in Spain in 2050 will reach 62.4GW. In the following 30 years, the annual new photovoltaic installed capacity is conservatively estimated at 1.7 to 2.3GW. According to the latest news in June, the government is expected to approve more than 1.3 billion euros of financial support to encourage self-use solar projects, energy storage, air-conditioning subsidies, etc.

According to Spain’s latest policy document for assistance to most autonomous regions and the cities of Ceuta and Melilla on June 30, the subsidies for replacing roofs with asbestos tiles with photovoltaic systems are as follows:

As the third-ranked country in Europe for wind energy, its wind market is particularly strong. According to the latest data in February 2021, the installed capacity of wind power generation accounts for the largest share of the Spanish clean energy sector, with a total of 27.4GW, accounting for a quarter of the total installed capacity of 109GW. Since 2017, Spanish power parks have continued to add a total of About 4.3GW of wind power generation. According to the Spanish government's goal, it is estimated that the total installed wind energy in 2050 will be about 52.4GW, and hydrogen energy will reach 17.1GW.

At the same time, the climate change and energy transition regulations approved by the Spanish House of Representatives clearly stated that its greenhouse gas (GHG) emissions will be reduced by 90% from 1990 levels by 2050, because nearly 30% of Spanish greenhouse gas emissions will come from Traffic and exhaust emissions, this bill stipulates that the sale of fuel vehicles is prohibited from 2040, and any gas station that reaches a certain size must be equipped with charging piles! Starting from 2023, all non-residential buildings with more than 20 parking spaces must be equipped with charging piles in their parking lots!