28 °C Singapore, SG
February 18, 2025
Latest News
Corio Generation and bp Alternative Energy Investment Ltd invest in South Korea Australia missing climate targets Advocating for US based offshore wind Broken Record, Temperatures hit new highs, yet world fails to cut emissions (again) Toshiba and GE to shore up Japanese offshore wind domestic supply chain How I got here… National University of Singapore green finance academic Sumit Agarwal Multi-billion-dollar renewables project earmarked for Yindjibarndi native title land Smart Energy Finances: Enel divests 50% of Australian renewable operations to Japanese oil and gas giant Critical minerals investments surged by 30% finds IEA Kung Fu nuns fight climate change One of Southeast Asia’s largest energy storage systems comes online Why turning waste into gas will add value to this Indigenous economy Renewable energy records tumble around Australia as rooftop solar power soars Topsoe supports SGP BioEnergy in renewable fuels production in Panama ‘Poor tropical regions’ suffer greatest economic damage from worsening heatwaves UNEP: Meeting global climate goals now requires ‘rapid transformation of societies’ Analysis: Africa’s unreported extreme weather in 2022 and climate change Partly wind-powered coal ship sails into Newcastle New fossil fuels ‘incompatible’ with 1.5C goal, comprehensive analysis finds Australian offshore wind ‘supercharged’ in Victoria as billions pledged to fast-track projects Goldwind turbine ‘breaks world record for largest rotor diameter’, Chinese media reports BW Ideol to work with developer Taiya on Taiwan floating wind pilot US to boost floating wind power Wind Power in South Korea – an overview GS E&C to develop bioethanol using cassava waste Korean business group has asked the US to make exceptions for Korean EV’s in Inflation Reduction Act Equinor’s Australian offshore wind debut Global energy transition stalls – 2022 Global Status Report in pictures India’s ReNew Power secures $1bn loan for gigascale 24/7 wind-solar-battery project POSCO International to merge with POSCO Energy

Iberdrola to replace its last two coal plants in Spain with subsidy-free solar, wind

Recharge:

Utility Iberdrola is submitting a plan to build 550MW of subsidy-free wind and solar to replace the group’s last Spanish coal-fired power plants.

Speaking at the opening of the COP25 UN climate summit in Madrid, Iberdrola group chairman Ignacio Galan said the renewables projects would replace two coal generators that are scheduled to be decommissioned next year.

The proposal, to be presented on Monday to Spain’s Ministry for the Ecological Transition, would see 420MW of new wind and PV deployed in Velilla in the province of Palencia, and four wind farms with a joint capacity of 130MW in Lada, in Asturias, both in the country’s north.

The new renewables capacity – due online in 2022 – will be underpinned by power purchase agreements (PPAs), reflecting the strong appetite for such deals in the Spanish renewables market and the competitiveness of wind and solar, Iberdrola told Recharge.

With a combined capacity of 874MW, Velilla and Lada are Iberdrola’s last remaining coal-fired power plants. An application for their phase-out was filed in 2017 and the Spanish government is expected to give a final ruling on the matter next year.

“Over the course of 15 years, Iberdrola will have completed the process of phasing out a total of over 8.5GW of coal-fired and fuel oil power generation capacity in several countries,” said Galan.

More: Iberdrola launches huge renewables plan for coal wind-down in Spain

Source

Leave a Reply

Your email address will not be published. Required fields are marked *