We know that Spain has great potential for solar energy due to its climate and its many hours of sunshine. Although solar energy could be exploited and cheap and renewable energy could be generated, this is not done in the same way as in other countries.
Spain, even having this potential for renewable energy (it could also generate a lot of energy through wind energy, has the most expensive price of electricity in all of Europe, along with Portugal. However, if Spain installed the same photovoltaic power as has Germany, the price of light would be 36% cheaper.
Price of light and solar energy
If Spain installed an amount of solar energy similar to that of Germany (which amounts to about 35GW) We could generate over 55.000GWh. This is because Spain receives many hours of solar radiation in almost the entire territory. With more generation coming from renewable sources, the price of energy would decrease by 36%.
Even having the most expensive price of electricity in all of Spain, together with Portugal, water, wind and sun are the agents that are really alleviating the electricity bill of the Spanish. If all the energy consumed in Spain came from non-renewable sources, the price of the electricity bill would be even more expensive.
The price of electricity has shot up 10% so far in 2017, with respect to the previous year, which means a reduction in the income of Spaniards and a considerable loss of competitiveness for companies. As much as citizens take electricity saving and energy efficiency guidelines, they remain trapped in a framework of legislation that leads to inadequate electricity prices. Furthermore, the unsuitable mix of technologies for electricity generation increases system costs and makes power generation less efficient.
Forecasts for Spain regarding the electricity system are not encouraging. ANDhe price of electricity will be paid in our country in the month of November above 55,67 euros / MWh. This will only increase by the beginning of 2018 if it does not begin to enter a system in which renewable energy generates a considerable supply power.