Spain energy report

• Spain targets a share of 42% of renewables in final energy consumption in 2030.
• It aims to cut GHG emissions by 23% in 2030 and to decarbonise its economy by 2050.
• Endesa, Iberdrola, and Naturgy account for around half of the power generation.
• Naturgy is the largest gas supplier. Repsol and Cepsa share the oil market.
• Solar and wind capacity additions increased sharply in 2019 (+6 GW). CO₂-free generation now accounts for 59% of the power mix (2019).
• Since 2017, CCGT generation has been increasing again, offsetting the sharp fall in coal generation.
• Motor fuel prices are 10% lower than the EU average.
• Electricity and gas prices for households are around 20% above the EU average.
• Energy consumption has been decreasing since 2017.
• The country expects to raise wind and solar capacity to 38 and 21 GW, respectively, in 2030.

• Institutions & Energy Policy

  The Ministry of Ecological Transition (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

  Electricity:

  There are 3 large electricity companies: Iberdrola (Qatar Investment Authority 8.69%, Blackrock 5.25%, Norges Bank 3.43%), Endesa (Enel 70%), and Naturgy (former Gas Natural Fenosa, Caixa 24.8%, Rioja 20.7%, infrastructure fund GIP 20.6%, and Sonatrach 4.1%).

• Energy Supply

  Oil:

  Oil production is very low (40 kt in 2019). Crude oil imports increased by 2.7%/year from 2010 to 2018 and then dipped by 1.1% in 2019 to 69 Mt. Four suppliers accounted for 56% of crude imports in 2019: Nigeria (17%), Mexico (14%), Libya (13%), and Saudi Arabia (12%).

• Energy Prices

  Electricity:

  Residential electricity prices have doubled since 2002 with an acceleration between 2007 and 2012 (+10%/year), explained by the rising weight of feed-in tariffs and attempts by electricity companies to recoup their tariff deficit.

• Energy Consumption

  In 2019, total consumption per capita was 2.6 toe (15% lower than the EU average), including 5 150 kWh of electricity (7% below the EU average).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  According to the baseline scenario presented in the NECP, primary energy consumption would increase marginally (+0.2%/year) between 2015 and 2030, reaching 127 Mtoe in 2030, while final energy consumption would grow slightly faster, by 0.6%/year, to 93 Mtoe in 2030.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Spain energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (€/l)
• GRAPH 6: Electricity prices for industry and households (€c/kWh)
• GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2019, %)
• GRAPH 10: Final consumption market share by sector (2019, %)
• GRAPH 11: Oil consumption (Mt)
• GRAPH 12: Oil consumption breakdown by sector (2019, %)
• GRAPH 13: Electricity consumption (TWh)
• GRAPH 14: Electricity consumption breakdown by sector (2019, %)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Gas consumption breakdown by sector (2019, %)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2019, %)

In the Spain energy market report you will find the following tables:

• 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.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

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.