Spain Renewable Energy Tenders

Spain's renewable energy market is experiencing rapid growth, with renewables accounting for over 47% of the country's total electricity generation in 2022. This is expected to reach 74% by 2030, driven by government initiatives, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Spain's abundant renewable energy resources, particularly in wind, solar, and hydropower, make it well-positioned to achieve its ambitious renewable energy targets.

The Spanish government is committed to promoting renewable energy development and has set a target of achieving 74% renewable energy consumption by 2030. The government actively supports the sector through various procurement measures, including:
The Renewable Energy Support Scheme (PREPA), which provides subsidies for renewable energy projects
The Renewable Energy Auction (REC), which allocates renewable energy support through competitive bidding
The Feed-in Tariff (FIT) program, which provides fixed rates for electricity generated from renewable sources

The Spanish government procures a wide range of renewable energy products and services, including:
Wind energy: Wind power is the largest source of renewable energy in Spain, accounting for over 22% of the country's total renewable electricity generation.
Hydropower: Hydropower is another significant contributor to Spain's renewable energy mix, accounting for around 15% of the country's total renewable electricity generation.
Solar energy: Solar PV is gaining traction in Spain, with over 27 gigawatts (GW) of installed capacity.
Biomass energy: Biomass energy plays a minor role in Spain's renewable energy mix, accounting for around 6% of the country's total renewable electricity generation.

The top authorities overseeing renewable energy procurement in Spain are:
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO)
The Institute for Diversification and Savings of Energy (IDAE)
The Spanish Energy Market Operator (OMIE)

Major companies that have secured significant renewable energy procurement contracts in Spain include:
Iberdrola: Iberdrola is a Spanish multinational electric utility company with a diversified portfolio of renewable energy assets, including wind, solar, and hydropower.
Acciona Energía: Acciona Energía is a Spanish renewable energy company with a focus on wind, solar, and biomass projects.
Endesa: Endesa is a Spanish electric utility company with a growing renewable energy portfolio, including wind and solar projects.

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