How to achieve Spain's renewable energy targets for 2030?

Wind Industry Profile of

The Spanish government aims to achieve 160 GW of total installed renewable capacity by 2030 and has set a target to achieve 74% renewable electricity generation by 2030 and 100% by 2050. The country has taken a meticulous approach towards phasing out coal power generation by 2025, decommissioning oil-power plants by 2030, and phasing out nuclear power completely by 2035, found GlobalData.

According to the leading data and analytics company, all of these bode well for the renewables market as the government looks to fill the void with renewable power capacity. However, successive governmental change and poor implementation on effective usage of renewable power is a major challenge. GlobalData’s latest report, ... More: Official Press Release GlobalData

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GlobalData, Spain, renewables, target, policies, investment, GW, oil, power plant, decommissioning, nuclear, coal, fossil, wind, solar, NCEP