Crucial intelligence to understand the changing dynamics of the Iberian energy market
Iberia’s power sector is radically transforming, with a steep increase in renewables and the exit of coal and nuclear in the coming decade. This changing paradigm has led to a growing awareness of the need for storage technologies—such as batteries and pumped storage—to maintain security of supply and mitigate price cannibalisation for renewable assets. In a region so rich in natural resources, the potential of low-cost hydrogen production is also leading to innovative business models and drawing in global investment. Keep up to date with all the crucial developments in this active market with our Iberian services.
What you need to know about the market
- Rising commodity prices and declining costs of sustainable technologies, combined with a favourable policy landscape, will lead to the rapid deployment of new renewable projects. This is creating opportunities in co-location, hydrogen, and the careful structuring of portfolios and PPAs oriented toward reducing risk exposures.
- Although still in its infancy, the market for storage is growing quickly. Stand-alone and co-located storage investments are benefiting from CAPEX subsidies and a growing understanding of the revenue potential for storage across existing ancillary services markets. Additional potential revenue streams like a capacity market and participation in technical restrictions are important upsides for those looking to invest in this market.
- Despite the traditionally low levels of grid curtailment in Spain, the rapid growth of renewable generation and the challenges of upgrading grid infrastructure quickly enough is leading to increased renewable curtailment. As renewables continue to build quickly, this is becoming a significant risk for both wind and solar regions in Spain.
Which products are available?
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Power & Renewables ServiceRobust, transparent analysis, widely used and trusted amongst major market participants and bankable forecasts to support asset financing and in-depth analysis to underpin your investment strategies
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Flexible Energy ServiceDetailed analysis and granular forecasts for power, balancing, and ancillary service markets plus access to investment case data for a wide range of battery storage and gas peaker business models
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Hydrogen ServiceCrucial analysis into market sizing and drivers, dedicated insights following policy developments and project activities across power, heat, transport, and industry
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Amun – Wind Valuation SoftwareBankable valuation software for wind assets with an optimised site design and technology to maximise revenue in just a few clicks
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Chronos – Battery Valuation SoftwarePowerful battery valuation software. Bankable projections trusted by financial institutions across the world
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Origin – Power Market Analytics SoftwareSophisticated market analytics software at your fingertips where you can generate your own market scenarios using our in-house power market model
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Grid Add-OnGranular analysis of network constraints and impact on the economics of generation and flexibility assets, including scenarios with varying network capacity.
Meet the team
Ana Barillas
Christina Rentell
