Date: August 14
Spain, known for its abundant sunshine and favorable climate, has witnessed significant growth in solar photovoltaic energy production. In the week of July 10, the Iberian country reached an impressive milestone: photovoltaic solar production broke the daily record in the Spanish market, registering a generation of 159 GWh on Friday, July 14.
This achievement is not an isolated event. When comparing the solar energy production of the second week of July with the previous week, notable increases were observed in the Iberian market. In Spain, the increase was 1.4%, while in Portugal, the rise was 1.2%. These numbers are even more impressive when you consider that in other European markets, production with this technology has decreased.
But what does this mean in broader terms? When analyzing the photovoltaic solar production in the first half of July compared to the same period since 2015, records were recorded in all the markets analyzed. In the first fifteen days of July 2023, production in the Portuguese and Spanish markets was 48% and 35% higher, respectively, compared to the same period of the previous year. These numbers reflect a clear trend: photovoltaic solar energy is booming in Spain and throughout Europe.
Wind energy production also showed positive signs in the second week of July. In Spain, wind energy production increased by 29% compared to the previous week, followed by an increase of 18% in France and 12% in Portugal. These numbers show that, along with solar power, wind power is also playing a crucial role in Europe’s energy transition.
Electricity demand, on the other hand, showed a mixed trend. During the week of July 10, electricity demand fell in most European markets. However, in markets such as Italy and Spain, demand increased by 9.8% and 5.9%, respectively. These fluctuations in demand, together with other factors such as gas and CO2 prices, influenced the prices of the European electricity markets.
Looking to the future, the AleaSoft Energy Forecasting forecasts indicate that solar and wind energy production will increase in most of the European markets in the coming week. This trend, together with increasing investment in renewable technologies and public awareness of the importance of sustainability, suggests that the energy future for Spain and for Europe as a whole is bright.
In short, Spain is leading the way in the solar photovoltaic revolution. With production records being broken and continued investment in renewable technologies, the country is well positioned to be a leader in the transition to a more sustainable energy future.
Source: Energía Estratégica