Rystad Energy predicts bright future for Iberia as power producer

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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

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