Madrid has an exaggerated local energy deficit which is why the authorities are clearly committed to attracting investment in renewable energy to reduce energy dependency.
Spain has major potential in renewable energy sources and a notable generation and equipment industry. It is ranked 1st in Europe in terms of share of renewables in electricity generation, 1st in solar thermal power for installed capacity, 2nd in photovoltaics and 3rd in wind energy.
In 2008, renewable energy represented 7.6% of primary energy consumption (10,843 Ktep) and around 20% of electricity production (62,555 GWh). The Renewable Energy Plan 2005-2010 establishes that 12.1% of primary energy consumption will be supplied by renewable energy by 2010. This equates to a production of 20,220 Ktep and 30.3% of electricity production, almost 42,500 MW of installed capacity.
The report shows the dynamism of the sector, with a continuous process of mergers and acquisitions between the major energy groups.
|Renewable Energy in Madrid 2010||2.1 MB|