May 30, 2024 08:56 GMT
Spain Calls for Capacity Mechanism
POWER
Spanish support for gas-fired power plants with capacity mechanisms is “urgent and necessary,” president of Spanish Gas Association Joan Batalla said, cited by XM.
- The increase in renewable capacity in the region, gas-fired power plants can be an important support, Batalla said.
- "We hope that the regulation enabling the deployment of capacity mechanisms can materialise quickly," Batalla added.
- This is due to capacity mechanisms designed to ensure the network's reliability by producing power when demand is high.
- Spain is targeting 62GW of wind capacity by 2030, while its PV capacity is at about 32GW currently.
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