Madrid Energy Storage Demonstration Project Tender
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Spain awards contracts to 1.9GWh energy storage in first PERTE tender
The launch of this first tender aimed to co-locate energy storage with other renewable sources, mainly solar PV, and aimed to fund at least 600MW of projects with a fund
6 FAQs about [Madrid Energy Storage Demonstration Project Tender]
How many new energy storage projects are in Spain?
Spain targets 20GW of new energy storage by 2030. The first tender ended up being oversubscribed with more than 1.1GW/1.1GWh capacity, between 58 projects, not selected for the funding of the tender. The projects that were awarded in the PERTE tender were measured based on four criteria, with different points.
Is Spain targeting 20GW of energy storage by 2030?
Spain is targeting 20GW of energy storage by 2030. This BESS was deployed by Ingeteam at a green hydrogen facility in Ciudad Real. Image: Ingeteam. The government of Spain, through the Institution for the diversification and energy savings (IDAE) has awarded 880MW/1,809MWh in its first tender for energy storage to be co-located with renewables.
How are pumped storage hydro projects funded in Spain?
The programmes are funded through Spain's coronavirus recovery facility. The Institute for Diversification and Energy Saving (IDAE), the agency of the ministry for the ecological transition, will manage the tendering process. Applications for funding for pumped storage hydro project can be sent from September 22 until October 20, 2023.
Will long-duration energy storage reduce economic curtailment in Spain?
A report last year by Aurora Energy Research highlighted that 5% of Spain’s renewable energy generation could face economic curtailment between 2025 and 2030, which Quesada said was expected to increase in the coming year. However, long-duration energy storage (LDES) could reduce or eliminate these constraints with the deployment of 15GW LDES.
How many battery storage projects will Izcue build in Spain?
It will deploy six 25MW/50MWh lithium-ion systems in the regions of Castilla y León, Extremadura, Castilla La Mancha and Andalusia. However, with the results of an upcoming 2.4GWh Spanish standalone energy storage tender to be unveiled, in the coming months, Izcue expects the size of battery storage projects built to increase.
Why is Spain behind in energy storage?
During a panel at Sungrow’s event, Alberto Quesada, head of engineering at renewables developer Fotowatio Renewable Ventures (FRV) explained the reason for the Spanish market to be behind in the energy storage scene is due to the lack of specific regulation and a lack of capacity market, adding: “You can only go to the wholesale market.”
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