- Update
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- Format
- 4 files (PDF report, 3 Excel files)
- Pages
-
76 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
Buy Spain energy report
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After validation, you will immediately receive 4 files by email (one pdf report and 3 excel files containing the datasets).
Overview
Spain’s energy and climate policy framework sets ambitious targets, including a 48% renewable energy share by 2030 and carbon neutrality by 2050, supported by coal phase-outs, expanded renewables, and energy storage initiatives. Regulatory bodies coordinate policy, while market reforms and incentives drive decarbonisation across electricity, transport, and industry.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- Spain targets a 48% share of renewables in final energy consumption and a 32% reduction in GHG emissions in 2030.
- The country aims for carbon neutrality in 2050.
- Coal power generation will be phased out in 2026.
- Iberdrola, Endesa, and Naturgy account for half of total power generation.
- Naturgy is the largest gas supplier. Repsol and Moeve share the oil market.
- The share of CO2-free generation reached 73% of the power mix in 2025 (+18 pp since 2019).
- Final energy consumption has remained stable at 83 Mtoe since 2021.
- Energy prices have decreased after their 2022 peak but remain higher than their pre-crisis (2019) level.
- The country expects to more than double its solar and wind capacity by 2030 (to 76 and 62 GW, respectively).
- Many renewable hydrogen production and pipeline projects are under development.
Energy & Climate Policy Framework
The Ministry of Ecological Transition and Demographical Challenge (MITECO) coordinates the energy policy through the State Secretariat for Energy. It also covers the environmental and climate policy. An Inter-Ministerial Commission on Climate Change and Ecological Transition attached to MITECO was created in 2018 to coordinate decision-making related to climate change and energy.
Energy Companies
Oil:
Repsol's oil production decreased by about 3.5% in 2025 to 189 kb/d, due to a stake reduction on its oil and gas assets in the UK for the creation of a JV with NEO Energy (Neo Next Energy Limited). The company has no oil production in Spain since 2021.
Energy Supply & Demand
Resources:
Spain has limited oil reserves (20 Mt) and no gas reserves (3.1 bcm) (end of 2025). Shale gas reserves have been estimated at about 1 339 bcm, which would represent at least 39 years of domestic gas demand. This estimate is not associated with any geological formation but is extrapolated from the US shale gas resource characteristics of Spanish geological basins.
Energy Use and Price by Sector
Energy Prices in Industry:
Following a peak in 2022 during the European energy crisis, industrial electricity prices in Spain fell by 35% in 2023 and 12% in 2024, before stabilising (+2%) to EUR12.5c/kWh in 2025. Similarly, gas prices for industrial consumers, which had tripled in 2022, fell by 38% in 2023 and by 26% in 2024, before rebounding by 11% to EUR4.7c/kWh in 2025.
Issues & Prospects
According to the baseline scenario presented in the updated NECP, final energy consumption should reach almost 72 Mtoe in 2030.
- Graph 1: Final Intensity to GDP
- Graph 2: Primary Consumption Trends by Energy Source
- Graph 3: Total Consumption Market Share by Energy (2025)
- Graph 4: Installed Electric Capacity by Source
- Graph 5: Installed Electric Capacity by Source (2025)
- Graph 6: Gross Power Production by Source & Consumption
- Graph 7: Power Generation by Source (2025)
- Graph 8: CO2 Intensity of Electricity Generation
- Graph 9: Crude Oil Production & Consumption
- Graph 10: Petroleum Products Production & Consumption
- Graph 11: Gas Production & Consumption
- Graph 12: Coal Production & Consumption
- Graph 13: Emissions of GHG and CO2 from Fuel Combustion
- Graph 14: CO2-Emissions per Capita
- Graph 15: CO2 Intensity to GDP
- Graph 16: Final Demand Trends by Energy Source
- Graph 17: Final Consumption by Sector
- Graph 18: Final Consumption Market Share by Sector (2025)
- Graph 19: Share of Electricity in Total Final Energy Consumption
- Graph 20: Final Consumption in Industry by Energy Source
- Graph 21: Energy Prices in Industry (Taxes Included)
- Graph 22: Final Consumption in Transport by Energy Source
- Graph 23: Energy Prices in Transport (Taxes Included)
- Graph 24: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 25: Energy Prices in Residential (Taxes Included)
- Graph 26: Upcoming New Capacity by Energy Source
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Spain energy market data since 1990 and up to
is included in the Excel file accompanying the Spain country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Spain Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Spain energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Spain country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
- Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
- Power: Electricity generation & capacities, by technology.
- CO2: Total CO2 emissions.
- Macro-economy: Main macro-economic assumptions.
- Key indicators: Energy intensity, share of renewables, CO2 emissions per capita and per unit of GDP.
Energy and Climate Databases
Market Analysis