SPAIN
Currently, Spain''s storage market is mainly composed of small-scale batteries co-located with solar PV. Spain''s household electricity prices now stand at over EUR 0.30/kWh on average.
Energy storage systems in Spain are a key element in the fight against climate change, as they help us to address the challenge of the energy transition. These systems make renewable energy production more flexible; and therefore help us to guarantee its integration into the Spanish electricity system.
Renewable energies, such as solar and wind energy, depend on environmental factors that are intermittent and uncontrollable, and require the support of storage systems to be able to meet energy demands at off-peak periods and make the most of every green megawatt (MW) generated at peak periods.
Energy storage technologies can provide a range of services to help integrate solar and wind, from storing electricity for use in evenings, to providing grid-stability services.
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