Iberdrola (Spain) added 2.7 GW of renewable capacity in 2019

The Spanish energy group Iberdrola has released provisional operational figures for 2019: the group's installed capacity rose by nearly 5.4 GW to almost 52.1 GW (+11.5%), mainly thanks to new onshore wind projects (+1.2 GW to 16.8 GW), offshore wind projects (+420 MW in the United Kingdom to 964 MW), hydropower projects (+612 MW in Brazil), and new solar capacities (+489 MW to 1,018 MW); CCGT power capacities also rose significantly (+903 MW of net own capacity in Mexico and +1.7 GW of net capacity for third parties in Mexico). Iberdrola's capacity in Spain rose by 737 MW to 26,624 MW, thanks to the commissioning of 500 MW of solar capacity and of 235 MW of onshore wind capacity.

Iberdrola's global power generation rose by 4.2% in 2019 to 151.7 TWh, thanks to a 24% growth in net CCGT production for third parties in Mexico. Its net owned production slightly decreased (-1%) to 114 TWh, due to adverse hydropower conditions (-20% globally) that were offset by a higher CCGT generation (+7.4%) and cogeneration (+11%). In Spain, the 33% fall in hydropower generation was offset by CCGT production that more than doubled and by a higher onshore wind generation (+7.2%). Overall, the group's CO₂ emissions per kWh slightly decreased (-1.8%) to 110gCO₂/kWh in 2019.