January 22 (Renewables Now) - Spanish utility Endesa SA (BME:ELE) has provided a guarantee that 33% of the electricity imported by Andorra from Spain will come from renewable sources.
The company has signed an agreement with Forces Electriques d'Andorra (FEDA), an Andorran power producer, distributor and importer, for the annual supply of 70 GWh of renewable electricity. The renewable origin of the power will be certified by the Spanish markets and competition watchdog (CNMC), Endesa said in a statement on Tuesday.
The utility supplies up to 210 GWh in Andora annually. The mix of the remaining 66% will depend on what the market has to offer.
The agreement guarantees the supply of green power for ten years starting in 2021. Endesa stated that consumers in Andorra can expect the share of certified renewables to increase as such sources gradually replace fossil fuels.