Spain’s Renewable-Energy Boom Loosens Gas’s Grip on Power Prices
Submitted 3 weeks ago by silence7@slrpnk.net to energy@slrpnk.net
https://www.bloomberg.com/news/articles/2025-10-02/spain-s-renewable-energy-boom-loosens-gas-s-grip-on-power-prices?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1OTUzMTA0NCwiZXhwIjoxNzYwMTM1ODQ0LCJhcnRpY2xlSWQiOiJUM0ZXOUpHUDQ5M0MwMCIsImJjb25uZWN0SWQiOiI4QTlFOEY5NURDMTE0RjMxOERCNzM3MUZCQTdCRTUwOSJ9.0pywy_ZomZdmX1r0byO50dTFiEdxWHaWZEGqo3QI8Qw
claimsou@lemmy.world 3 weeks ago
They write it’s the only eu nation to reach this but I don’t understand how Portugal is not the same or even better.
Tobberone@slrpnk.net 2 weeks ago
It probably is the same, as they share energy market. In both cases it is also because of lackluster transmission capacity to the rest of the continent, that shields Spain and Portugal from the German market. Sweden has plenty of transmission capacity, so we pay German prices in the south of Sweden.
As for “not using fossil fuel for electricity”, in 2022 the Swedish oil fired power reserve was used for 72 to stabilize the polish market, due to all nuclear reactors shutting down simultaneously. Yet Swedish electricity price is still tied to the cost of oil. That transmission capacity has its drawbacks…
claimsou@lemmy.world 2 weeks ago
What nuclear reactor do you mean? Poland has none.
bufalo1973@piefed.social 3 weeks ago
Maybe the PSD has been ruling too many years, who know?