Full Title: Energy Transition Outlook: Spain 2025
Author(s): DNV
Publisher(s): DNV
Publication Date: April 3, 2025
Full Text: Download Resource
Description (excerpt):
When DNV began in Spain in 1999, their market activities were centred on the early development of renewable energy. Wind and solar power are now the dominant energy sources, and they forecast they will grow 4-fold and 6-fold, respectively, by 2050. The new challenges lie in electrifying more of Spain’s energy use and upgrading grid integration to handle all the renewable electricity.
Hydrogen generation and infrastructure will also be part of the future in an energy system that has already significantly decarbonized the power sector and aims to reduce carbon emissions further. DNV foresees hydrogen playing a key role in manufacturing from the 2030s onwards, and that in the late 2040s, Spain will start exporting hydrogen within Europe.
Spain is making progress in transitioning to a greener, more efficient energy mix. But with the country’s ambition
to be net zero by mid-century, the transition requires continuity in regulatory frameworks, and a step change in decarbonization across all sectors.