Technical FAQs 4

What is energy storage in Spain?

It targets large-scale energy storage projects in Spain. It focuses on technologies like standalone battery energy storage systems (BESS), pumped hydro energy storage (PHES), and thermal energy storage. The program supports hybrid projects, which combine storage with renewable energy, such as solar or wind farms.

How will Spain increase its energy storage capacity?

Spain has launched an ambitious €700 million (around $796 million) program to increase its energy storage capacity. This plan will add 2.5 to 3.5 gigawatts (GW) of storage. It includes pumped hydro, thermal energy storage, and battery systems.

Does Spain have a state aid scheme for energy storage?

The European Commission has approved a €699 million state aid scheme in Spain to support the deployment of up to 3.5GW of energy storage.

Will Madrid become a central base for energy storage systems?

“Our strategy is very clear: to turn Madrid into our central base for energy storage systems. From there, we’ll provide agile and specialized support to clients across Europe and Latin America,” Gattoni explained.

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Madrid Industrial Energy Storage

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