A Shift in Iberian Demand: From Machinery to Data Centres

In recent months, the continued high renewable deployment has contributed to a decrease in Iberian power prices. At the same time, the price decrease is incentivising novel sources of power demand which could help mitigate price cannibalisation.

In this Public Webinar, we presented our analysis of how the different sectors of power demand, from the steel industry to data centres, are expected to develop in Iberia and how these will impact future prices.

Watch this session to delve into the following questions:

• What factors have contributed to the decline in Iberian power demand since 2008?
• Which sectors are expected to lead the evolution of power demand in Iberia in the coming years?
• What are the key uncertainties affecting demand growth in the industrial, mobility, and heating sectors?
• Will Iberia become a European data centre hub in the next years?
• What impact would each demand technology have on long-term renewable capture prices?

If you have any questions, please get in touch with Mar Escobedo.