Solar only provides about 10% of electricity, but has enormous potential for growth. Wind is the biggest installed source of electricity now in Spain. Spain’s total power capacity is 118 gigawatts, with wind making up 29 gigawatts or 22% of the whole. That is nearly 7 gigawatts of new solar in one year, and the country is not slowing down.

In 2022, the country put in 4.28 gigawatts of utility-scale solar, 2.64 gigs of distributed PV, and 1.38 gigs of wind power. Iberdrola: “Europe’s largest solar power plant comes into operation ” Spain now has one of Europe’s largest solar plants. Since the February 2022 Russian invasion of Ukraine and the consequent spike in fossil gas prices, Spaniards have been rushing to put solar panels on their roofs, now helped by EU subsidies and by a plummeting in the cost of the systems. The Spanish right wing had actually put punitive taxes on people with solar panels at the behest of Big Carbon, but Sánchez’s government repealed them. Spain’s Prime Minister Pedro Sánchez of the Socialist Workers’ Party has been a booster of green energy. Spain, with a nominal GDP of about $1.427 trillion and a population of 47 million, is a major industrialized democracy, so that this achievement is highly significant for what it tells us about the future.

It is not the first time the renewables supplied all of the country’s domestic electricity needs on the peninsula, but it is the first time they did so for so many hours in a row, on a weekday when demand is heavier than on the weekends, and when three of the country’s nuclear power plants were shut down for various reasons. Ann Arbor (Informed Comment) – Spain, the world’s 15th largest economy and the fourth-largest in Europe, recently ran for 9 hours entirely on wind, solar and hydro.

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