As wind power has become its main source of electricity generation, Spain intends to increase its production by tapping into offshore wind farms along its thousands of kilometers of coastline in order to meet its goal of generating close to 75% of electricity from renewable sources by 2030.
“Our country had enough natural resources to become Europe’s leading producer and exporter of renewable energy,” says Prime Minister Pedro Sanchez. “This could be key to help the European Union meet its goal of energy independence.”
Last year, wind power accounted for 23% of the country’s electric production – ahead of nuclear and gas with 21% and 17% respectively – with a total of 1,265 wind farms on its territory generating 28.1 GW in 2021, up from 23.4 GW in 2018. Authorities are studying some 600 wind power projects and will speed up those generating less than 75 MW of electricity. Thanks to a favorable legal framework, cutting-edge wind turbine makers, vast sparsely populated land, and thousands of kilometers of coastline, Spain is a favored market for investors. Spain is Europe’s second-largest wind power producer behind Germany, and the world’s fifth-biggest.