2023-01-27
http://w3.windfair.net/wind-energy/news/42375-rystad-energy-iberia-spain-portugal-renewable-energy-europe-gas-pipeline-power-electricity-prices-lng

Rystad Energy predicts bright future for Iberia as power producer

Image: PixabayImage: Pixabay
With reliable gas supply from North Africa, lower power prices compared to the rest of Europe, and a renewable energy pipeline that stands out on the continent, Spain and Portugal have the potential to evolve into a new European energy powerhouse, according to Rystad Energy research.

Official Press Release Rystad Energy:

Iberia: A new European energy powerhouse emerges

Wind Industry Profile of
Iberia: A new European energy powerhouse emerges

Iberia is well positioned to compete with – or even replace – Northern Europe’s existing energy industrial hub as sectors in Spain and Portugal can call on abundant sunshine, strong winds and mature gas infrastructure as well as a wealth of industry and managerial expertise.

With reliable gas supply from North Africa, lower power prices compared to the rest of Europe, and a renewable energy pipeline that stands out on the continent, Spain and Portugal have the potential to evolve into a new European energy powerhouse, according to Rystad Energy research.  Spain became Europe’s third-largest power exporter in the first three quarters of 2022, behind only Sweden and Germany. The key reasons for this were a large shortfall in power generation in France, from... ... More: Official Press Release Rystad Energy

Keywords:
Rystad Energy, Iberia, Spain, Portugal, renewable energy, Europe, gas, pipeline, power, electricity prices, LNG







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