According to the report "A sustainable energy model for Spain in 2050" , what can you see by clicking here, presented by Alberto Amores (partner of the consulting firm Deloitte) at AEE (Electric Power Authority) Spain is impossible to comply with the Paris Agreement by 2050 if you do not change the current regulation on renewables and current market conditions.
So that Spain meet the goal marking of reduce emissions in 2050 around 80% and 90%, this consultancy, Deloitte, figures that the necessary investments to achieve this they revolve around 330.000 and 385.000 million euros, of which the main body of this amount would correspond to the new renewable installations, this would be approximately 185.000 and 251.000 million euros.
With this, Alberto Amores points out; "The great decarbonization effort will be in the uses of energy, which requires a structural change in the economy and in the way we consume energy."
To achieve the goal it is also necessary to act on the substitution of all energy vectors since only 38% of emissions in Spain come from transport, in addition to maximize as much as possible the energy efficiency.
This is due to neither more nor less than even reaching 100% of the horizon in renewables not even a third of the path of the Paris Agreement is coveredThis also counting that some technologies would be left out of the energy "shaker" as in the case of petroleum products or coal, says the new division of the firm Monitor Deloitte in the report cited above.
For this same reason, by 2050 electricity should be the most comfortable energy vector in all sectors that are possible, such as the residential sector, the service sector, that of heavy transport vehicles or that of the fleet of cars, according to the report.
If we go to renewable energies to Spain An average installed capacity of between 2030 and 80 GW will be required by 89 as an intermediate point to achieve the goal in 2050 which would be between 161 and 216GW, which is more than 280% today.
Will it be achieved?
If so, and once the necessary investments have been completed in all areas, taking into account the increase in demand as the first factor, the average cost of electricity supply in Spain will be reduced by almost half staying between € 65 and € 75 / MWh instead of € 119 / MWh.
In turn, Deloitte provides some recommendations, of which the following stand out:
Definition of objectives and fiscal policy
- Determine binding targets for all sectors.
- Develop an effective price signal of the cost of emissions.
Transport sector
- Promote the electric or hybrid car and its battery recharging points.
- Also promote the modal shift to heavy transport rail.
- Promote NGV (Natural Gas Vehicles) in the transition from heavy road transport.
- Development of sustainable maritime transport with its respective NGVs and green ports.
Residential sector, services and industry
- Promote the reduction of emissions from the residential sector as well as the reduction of emissions from the service sector.
- Promote energy efficiency in industry and change the energy vector.
Electric sector
- Establish a framework for the installation of the necessary capacity (renewable and backup) in order to take advantage of the backup generation capacity already installed.
- Extend the authorization of operation of nuclear power plants up to 60 years.
- Encourage the necessary investments in networks.
- Convert the electricity rate into an efficient price signal.
Spain of course already has where to start to achieve the objective set by the Paris Agreement, or at least to try but Do you think it will really make it? or the most realistic question possible would be Do you think Spain will try?
In addition to 33 years of margin to meet the objective, it also has quite reasonable recommendationsAll that remains is to change the regulation of renewables to make the path easier for them.
At the moment I see it difficult if the mentality does not change either, for many things Spain is excellent but a country that vetoes the entry of products from a brand like Tesla because they have a battery for electric cars with 500 km of autonomy does not seem very professional to me.