Spain wants new 450 MW of wind power for Canary Islands
Aug 6, 2014 - Spain's energy ministry has set a capacity of up to 450 MW for new wind farms that should be installed on the Canary Islands by the end of 2016, according to a resolution published yesterday.
The state will offer a special payment scheme for the wind plants separately from the auction schemes for renewable energy in offshore power systems.
The incentives will speed up wind power installation on the Canaries, reducing the energy costs. The power systems off the mainland have higher costs for being isolated and of limited extent, according to the ministry.
Spain's islands are using mainly thermal energy based on fossil fuel. On the Canaries, renewable energy represents only 7.6%, compared to 40% on the mainland.
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.