Renewable Energy Opportunities in Iberia

An Expert's View about Renewable Energy in Portugal

Posted on: 22 Sep 2010

In the next ten years, Spain’s share of renewable energies will increase from 39,720 MW to 74,550 MW. An ambitious strategy in Portugal of 31 billion Euros of investment.

Sector briefing Renewable Energy Opportunities in Iberia Why Iberia? Spain and Portugal import 80% of its energy, which is why investment in renewables and electric vehicles continues to grow as part of ambitious energy strategies by both governments up to 2020. Spanish Government has recently launched its Sustainable Economy Strategy which sets out a new energy model based on security of supply, economic efficiency and respect for the environment. It also marks clear objectives for energy saving and sets a forty year life span for nuclear power plants. The Portuguese Government recently launched ?In the next ten years, an ambitious medium term energy strategy Spain?s share of renewable paving the way for 31 billion Euros of energies will increase from investment and the creation of between 130 and 140 thousand new green jobs in 39,720 MW to 74,550 MW? renewables and the electric vehicle sector. Find general information on the Spanish and Portuguese markets conditions on UKTI?s ?An ambitious strategy website. The Doing Business Guide for Spain in Portugal of 31 billion and Doing Business Guide for Portugal give an Euros of investment? overview of the countries? economies, business culture, potential opportunities and an introduction to other relevant issue. UK Trade & Investment Sector briefing: Renewable Energy opportunities in Iberia running soon with the capacity to install 250 Opportunities MW.      The Spanish Government has proposed a new Energy Efficiency energy mix for 2020 anticipating that wind will become the main source of energy. In The Spanish Energy Saving and Energy terms of installed power, the current Efficiency Strategy approved for the period 39,721MW would rise to 74,547MW by 2020 of 2008-2012 will generate a saving of 87.9 which an estimated 40,000MW will come from million TPE and a reduction of 238 million tons wind (split up by 35,000MW onshore and CO2. Total Government spending in the Plan 5,000MW). Hydropower would increase by amounts tl o 2,367 million euros. There is a 473MW to 16,662MW while solar would rise strong impulse to develop distributed Energy from 4,165MW to 15,685MW. Biomass, biogas projects using conventional CHP and high and other sources of renewable energy would efficiency microCHP and integrating renewable produce 2,200MW, doubling the current figure. energy such as solar PV, microwind, biomass and geothermal energy. Regional governments In spite of a general drop in energy demand, are also focusing strongly on smart grid and there has been a considerable increase in smart metering systems. renewable energy production in Spain which represented 12.3% of final energy The new energy strategy in Portugal upgrades at the end of 2009. Electricity production the 2008 National Plan to provide for a 20% makes up 25% of the energy mix. The new reduction by 2020. In 2015 Portugal expects Renewable Energy Strategy 2011-2020 to achieve a 10% reduction. The focus will be establishes that by 2020 renewables in Spain on sustainable construction and on smart grids. will account for 22.7% of final energy and The Alentejo city of Evora will become the first 42.3% of electricity production. smart city, with plans to install 31,000 smart meters, and by 2020 this will be rolled out Wind capacity at the end of 2009 had reached nationally. The historic centre of Guimaraes (a 19,149MWs. However, the fastest growing future European City of Culture) will be a technology until 2008 was solar photovoltaic model for public lighting. (PV) whose target of 400MW for 2010 had already reached 3,400MW that year. Electric Vehicles Besides reducing Portugal's energy dependency creating jobs, and contributing to climate Spain has produced the Electric Vehicle change goals, The Government expects that Strategy for 2010-2014. The objective is to boosting renewables will reduce the external have 250,000 electric vehicles on the road by deficit, of which the energy sector accounts for 2014. The Government aniticpates that there between 30 and 50%, or 4.5% of GDP. will 62,000 charging points in homes, 263,000 in fleet car parks, 12,500 in public car parks, In 2009, Portugal met their national target of and 6,200 on public roads. The initiative also 45% of electricity production from renewable includes the instalment of one fast charging sources - renewables now make up over point for every 400 private vehicle charging 18% of primary energy supply. This share points in order to have 160 of these in place by is intended to increase. The aim in the next 2014. The Government?s demonstration decade is to increase installed hydro-electric programme MOVELE has now also been capacity to 8600MW (plus a plan of 250 MW for implemented with a plan to have a fleet of small hydro); wind to 8500 MW; and further 2,000 electric vehicles in Madrid, Barcelona develop photovoltaics and thermal, increasing and Seville by 2011 with at least 500 charging solar energy tenfold to 1500MW. points. An update of the domestic micro-generation At the launch of the 2020 energy strategy in scheme is already up and running, and a mini- Portugal, the MOBI-e EV consortium (EDP, generation scheme, for projects of more than EFACEC fast recharging systems and 250 KWh is in development. 15 CSP NOVABASE software) signed up to a new (Concentrated Solar Power) demonstration company, MOBI E International, allowing them projects have been approved and a tender for to export their technology and their model a further 250MW of geothermal is on the internationally. The MOBI-e concept is horizon. On wave, a pilot zone will be up and designed to provide access to any electricity UK Trade & Investment Sector briefing: Renewable Energy opportunities in Iberia provider, at any charging point, provided by Eye catching initiatives any service operator -ensuring a level playing field commercially and an efficient service to the consumer. A pilot phase, consisting of a Spain Portugal public network of over 1,300 charging points connecting Portugal's 25 largest cities should -Eolia offshore wind -The biggest Photovoltaic be fully up and running by the first half of project funded with 33.7 Solar Power station in 2011. million Euros, involving 50 the world at Moura companies to be providing 45MW of completed in 2011 electricity each year If you have any questions on the -Three quarters of solar -A protocol with Renault- opportunities above, contact the UKTI Spain thermal electric capacity Nissan for the and Portugal contacts named in this report. installed in the last decade commercialisation of 'zero Business opportunities aimed specifically at around the world is in pollution' electric cars in UK companies are added daily to UKTI?s Spain, and more than Portugal on a large scale website. These leads are sourced by our staff 1,346 MW is under from 2010 overseas in British Embassies, High construction. Installed Commissions and Consulates, across all capacity of over 2,400 MW -World's first commercial by 2013 wave energy plant, sectors and in over 100 markets. using British technology -Basque Energy Board You can be alerted to Iberia business investing 15 million Euros -300,000 m2 of solar opportunities on a regular basis by registering in the construction of an panels and 12,500 mini on the UKTI website. Find out more on UKTI?s offshore underwater wind turbines in business opportunities service on the UKTI hub for the development residential and service website and testing of marine areas energy devices -A focus on efficiency in -Growth opportunities in public buildings such as energy production from hospitals, universities and biomass from courts agricultural, industrial and forestry waste to -Stepping up investment in reach from 2% to 8% of smart grids to cover 1 primary energy million people -about 10% consumption of the population UK Trade & Investment Sector briefing: Renewable Energy opportunities in Iberia Major events and activities UKTI contacts Distributed Energy Seminar in Oviedo and Marianne Carlin Madrid Senior Trade & Investment Adviser Contact: UKTI Madrid and UKTI Bilbao British Embassy, Madrid Tel: +34 917 146 340 Email: Email: Time: 30 June - 1 July 2010 Marine Energy Technologies and Services Worksh Renata Ramalhosa op in Lisbon Director for Trade & Investment Contact: UKTI Lisbon Email: British Embassy, Lisbon Time: 14 July 2010 Tel: +351 213 924 057 Email: Low Carbon Technologies Seminar in Lisbon Contact: UKTI Lisbon Email: Time: September 2010 3rd International Conference & Exhibition on Ocean Energy (ICOE 2010) Contact: UKTI Bilbao Email: Time: 6 to 8 October 2010 Solar Technologies Workshop in Lisbon and Seville Contact: UKTI Lisbon and UKTI Seville Email: Time: to be confirmed Meet the Buyers on Power and Renewable in Lisbon and Madrid Contact: UKTI Madrid and UKTI Lisbon Email: Time: to be confirmed TAP Funded Event: Photovoltaic Solar Energy Conference in Valencia Contact: Time: 6-10 September 2010 Find full details of all Iberia events and sector on the UKTI website. New export events are added daily to the site and you can register to be alerted to them on a daily, weekly or monthly basis UKTI?s Tradeshow Access Programme (TAP) provides grant support for eligible Small & Medium Sized Enterprises (SME's) to attend trade shows overseas. Find out more about UKTI support for attendance at overseas events UK Trade & Investment Sector briefing: Renewable Energy opportunities in Iberia Next steps - How UKTI can help ? Arranging appointments British companies wishing to develop their ? Organise seminars or other events for business in the Iberian market are advised to you to meet contacts and promote your undertake as much market research and company in the Iberian market planning as possible in the UK. UKTI?s teams in Spain and Portugal, with their wide local This work is available via our Overseas Market knowledge and experience, can provide a Introduction Service (OMIS) a chargeable range of services to British-based companies service which assists British-based companies wishing to grow their business in global wishing to enter or expand their business in markets. overseas markets. This can include: To find out more about commissioning this ? Provision of market information work, or accessing other UKTI services and ? Validated lists of agents/distributors specialist advice, please visit the UKTI website ? Key market players or potential to find contact details for your local UKTI customers in the Iberian market office. ? Establishment of interest of such contacts in working with you Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2010 by UK Trade & Investment. Crown Copyright © UK Trade & Investment Sector briefing: Renewable Energy opportunities in Iberia
Posted: 22 September 2010

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