2024-03-29
http://w3.windfair.net/wind-energy/pr/5486-spain-endesa-spanish-electricity-prices-lower-due-to-wind-power

Spain - Endesa: Spanish electricity prices lower due to wind power

Wind power proposition is already paying off in Spain

Wind power is driving Spanish electricity prices down at a time when fuel prices are increasing, notably gas prices, according to the chairman of Spanish utility Endesa, Jose Entrecanales.

Endesa's chairman has said that the wind power proposition is already paying off in Spain, bringing down electricity prices and contributing to job creation due to exports of renewable equipment.

According to a study undertaken in 2008 by Endesa's markets division, the wind power capacity on the Spanish grid contributed to a reduction in electricity market prices of around E6 per MWh.

Endesa has stated that wind power produced savings for the Spanish energy trade balance of some E1.25 billion, in addition to reducing the environmental fallout due to equivalent fossil fuel-fired facilities.

Endesa has cited the example of October 28, 2008, a day of reportedly high availability of wind power on the grid, at an average capacity of 6,933MW, the estimated impact on pool prices was E14 per MWh. Without the wind contribution, the average daily spot price would have been E82 per MWh instead of the matched price of E68 per MWh, according to the Spanish utility.

Source:
Endesa
Author:
Edited by Trevor Sievert, Online Editorial Journalist / Author: Endesa Staff
Email:
ts@windfair.net
Link:
www.windfair.net/...
Keywords:
Endesa, wind energy, renewable energy, jobs, wind turbine, wind power, wind farm, rotorblade, onshore, offshore




Thematically suitable Windfair.net members in the business directory

  • Newlist_logo.windfair-us
  • Newlist_kaeufer_logo
  • Newlist_logo.drakawind

more results



Keyword Search

© smart dolphin Gmbh 1999 - 2024 | Legal Notice | Windfair Editors | Privacy Policy | The Windfair Pocket Wind 2020