March 2024 Witnesses Renewable Energy In Spain Score Big

It is well to be noted that the share of renewable as well as clean energy across Spain’s overall electricity production happened to reach a record 65.2% in March 2024, the highest renewable output ever since the records began, said Red Electrica de Espana- REE, the Spanish power grid operator, in its provisional monthly report on April 2, 2024.

Notably, in February 2024, the renewables share of Spain happened to be almost 59.6%.

Renewables, which also happens to include large hydro, went ahead and generated 14,591 GWh in March 2024, thereby enjoying their highest ever contribution when it comes to a monthly parameter. This went on to represent a 15.6% surge as compared to 2023, said REE.

It is worth noting that top power generators in the Spanish system and that too for six months in a row, wind farms comprised 27.1% of the mix. Wind power production went on to touch 6,061 GWh in March 2024, dipping by 9.5% on the year.

The fact is that it was the boost in hydropower output, which went up 141.6% year-on-year, that indeed contributed the most to Spain’s surging renewables share in March 2024, as per the REE’s data.

Apparently, hydro made up 22% of the monthly power mix, whereas solar photovoltaic happened to have a share of 13.6%.

Notably, Spain’s gross demand when it comes to electricity was estimated at 20,413 GWh in March 2024, which was down by 0.3% year-on-year. While taking temperature as well as working hours into consideration, Spain’s national electricity demand went on to surge by 1.9% as compared to March 2023.

When it comes to the first quarter of 2024, the overall demand happened to be 62,484 GWh, thereby marking a depletion of 0.6% year-on-year.