Since 2017, Spain did not hold a new renewable energy auction, however, in 2021 everything changed, as the Government made 3,000 megawatts available for the generation of clean energy, this in search of achieving the best price and the highest efficiency in the face of to the commitments acquired in the Integrated Climate Energy Plan for 2030.
84 companies presented their offers this past January 26, in a portfolio that contemplated 1000 MW for wind energy, 1000 MW for photovoltaic energy and the remainder for other green technologies. Thanks to the number of bids, a price 43% lower than the long-term estimates was awarded, which corresponds to a weighted average price of € 24.47 / MWh for photovoltaic technology and € 25.31 / MWh for wind power. Amounts that will undoubtedly translate into greater savings for end consumers. After the presentation of the offer, a total of 3,034 MW were finally assigned, distributed among 32 agents, of which 2,036 MW correspond to photovoltaic technology and 998 MW to wind technology.
Among the winners of this first bid are companies such as Capital Energy, who won the largest amount of megawatts, 620 MW in total for the installation of onshore wind technology. Next, 300 MW will remain in the hands of the X-Elio photovoltaic company, the Japanese Elawan 280 MW -105 MW wind and 175 MW photovoltaic-, Iberdrola through its subsidiary Iberenova promotions was left with 243 MW, Naturgy (Natural Gas) 235 MW -197 photovoltaic and 38 solar-, Solaria 180 MW, the Portuguese EDP Renovaveis 145 MW, Greenalia 135 MW, Acciona 106.6 MW and Endesa 50 MW.
One of the novelties is the incorporation of the Economic Regime for Renewable Energies (REER), which establishes that the interested parties agree to sell their energy at the price that they are available to charge for the energy generated by the installation. In addition, within the new regulations, the possibility of including hybridization between technologies, the expansion and modification of existing facilities and their compatibility with storage was incorporated.
According to the Ministry for Ecological Transition, the new formula responds to the need to offer a stable framework that attracts investment and fosters economic activity in the renewable energy value chain in a recovery scenario, while allowing consumers benefit directly from the reductions in generation costs of these technologies.
This first auction of the year made available only 15% of it, so that for the next 6 years, 20 gigawatts are still available for next auctions, of the results 10 GW will be for photovoltaic energy, followed by wind, with 8.5 GW; thermoelectric solar, with 600 MW; biomass, with 380 MW, and another 60 MW for other technologies.
The new regime proposed by the Government foresees installing 60,000 'green megawatts' and thereby pursues the fulfillment of the decarbonisation commitments included in the Paris Agreement and in the National Integrated Climate Energy Plan (Pniec) 2021-2030
To see the complete list of awarded companies, you can follow this link.