Research Output
Spain's energy outlook: A review of PV potential and energy export
  Spain must reduce its energy consumption by 23% and achieve 100% renewable energy in electricity generation by 2030. This paper presents the current energy scenario en Spain, and the outlooks for different renewable options, with special focus on photovoltaic (PV) solar energy. In 2012, Spain was the number two European country in terms of installed rewnewable energy power. Solar PV technology has the potential to meet Spain's future energy demand and its associated environmental challenges. This paper gives a review of solar energy economy at global scale for both PV and thermal power technologies. The Spanish energy scenario shows actual trends and progress made by solar power. Economic concepts of levelised cost of electricity and grid parity are presented. The financial analysis shows that PV electricity achieves grid parity at a plant profitability rate up to 7.26%.

  • Type:

    Article

  • Date:

    29 February 2016

  • Publication Status:

    Published

  • Publisher

    Elsevier

  • DOI:

    10.1016/j.renene.2015.08.074

  • Cross Ref:

    S0960148115302743

  • ISSN:

    0960-1481

  • Library of Congress:

    TD Environmental technology. Sanitary engineering

  • Dewey Decimal Classification:

    621.47 Solar-energy enineering

Citation

Gago, E., Girard, A., Ordoñez, J., & Muneer, T. (2016). Spain's energy outlook: A review of PV potential and energy export. Renewable Energy, 86, 703-715. https://doi.org/10.1016/j.renene.2015.08.074

Authors

Keywords

Solar energy, Spain, Electricity production, Economy, Grid parity,

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