Utility scale ESS tender price in Spain 2030

Is Spain targeting 20GW of energy storage by 2030?

Spain is targeting 20GW of energy storage by 2030. This BESS was deployed by Ingeteam at a green hydrogen facility in Ciudad Real. Image: Ingeteam. The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1,809MWh in its first tender for energy storage to be co-located with renewables.

What is the market energy storage in Spain?

The market energy storage in Spain, particularly in relation to the BESS systems (Battery Energy Storage Systems), is undergoing a dynamic and accelerated evolution. This transformation is driven by the growing need to integrate renewable energy sources into the electricity grid, improve supply stability and optimize energy use.

Does Spain need a Bess energy system?

Currently, Spain has 6.3GW of hydroelectric and 1GW of thermal storage capacity installed. In fact, the non-BESS storage capacity in Spain is higher than in any other European country. As a result, the need for BESS to integrate renewable energy sources into the electricity system is less immediate than in the UK, for example.

How many new energy storage projects are in Spain?

Spain targets 20GW of new energy storage by 2030. The first tender ended up being oversubscribed with more than 1.1GW/1.1GWh capacity, between 58 projects, not selected for the funding of the tender. The projects that were awarded in the PERTE tender were measured based on four criteria, with different points.

What is the current situation of the Spanish Bess market?

The current situation of the Spanish BESS market confirms that both of these factors are required to gain market attraction: Despite a high penetration of renewable energy, the Spanish regulatory framework has been lagging and the first BESS projects of significant size have yet to be built.

What is Spain's regulatory framework for energy storage?

Spain’s regulatory framework for BESS is set in its Strategy for Energy Storage. The Strategy identifies the required regulatory measures – such as grid access, market structure, and addressing double tolling – that are currently needed to ensure the deployment of a solid energy storage market.