Spain needs 15-20% firm power capacity even in high-renewables scenarios, GE Vernova analysis finds

By Public Technologies
  • GE Vernova analysis published Oct. 15, 2026, finds Spain can achieve net-zero electricity by 2050 through pathways with significantly different costs.
  • Electricity demand is projected to grow around 60% by 2050, increasing pressure on grid infrastructure and system flexibility.
  • Wind and solar capacity could reach 150-250 GW, but even the most renewable-heavy scenarios require 15-20% firm, dispatchable capacity for reliability.
  • Renewables supplied nearly 57% of Spain's electricity in 2025; their share is expected to exceed 80% by 2030.
  • Coordinated investment in transmission, storage and system services is needed to limit renewable curtailment as generation becomes more geographically concentrated.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GE Vernova Inc. published the original content used to generate this news brief on October 14, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk