There are limits to what short-term relief can be provided for the Spanish and Moroccan markets, but both countries ought to be planning now for the 2022-2023 heating season. [Gas in Transition, Volume 1, Issue 8]
Spanish gas: outlook upbeat [NGW Magazine]
Feb 5, 2021 7:15:am
Summary Gas demand in Spain’s power sector has good chances for growth as renewables alone cannot fill the void left by coal and nuclear power capacity. [NGW Magazine Volume 6, Issue 3]
by: Andreas Walstad
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Spanish gas: outlook upbeat [NGW Magazine]
Gas-fired power generation in Spain plunged by 18% year-on-year in 2020 to 69 TWh, according to data accompanying a recent report developed jointly by Ember and Agora Energiewende. Despite this decline, there are reasons to be optimistic about the outlook for gas demand in Spain, both in the short and medium term.
2020 was a very volatile year in energy and it is worth noting that coal-fired generation in Spain declined even more than gas. It almost halved year-on-year to just 6 TWh. Coal – or imported hard coal which is used in Spain – had a share of just 2% in 2020 while gas had a share of 26%.