popular articles

Spain launches €2.3 billion Green Energy Support Plan

The Spanish government announces a 2.3 billion euro plan to accelerate the transition to clean energy, including subsidies for green hydrogen and renewable energies.

Please share:

Spain, under the leadership of Prime Minister Pedro Sanchez, has unveiled an ambitious 2.3 billion euro plan to reinforce its energy transition to greener sources. The plan includes significant subsidies for green energy industries, in particular hydrogen produced from renewable sources. With its abundant sunshine and strong winds, Spain is a European leader in renewable energies.

Crucial support for Green Hydrogen

The Spanish government recently approved a €794 million subsidy package for large-scale green hydrogen projects, targeting a potential electrolysis capacity of 652 megawatts. These subsidies are essential for these projects because of the high production costs of green hydrogen, which are not yet competitive without public support.
With this new plan, Spain is aiming for an ambitious target of 11 gigawatts (GW) of electrolysers by 2030, up from the previous target of 4 GW. This development demonstrates the country’s determination to play a major role in the production of green hydrogen in Europe, aligning its efforts with its climate commitments.

Impact on agriculture and infrastructure

In addition to supporting the energy industries, the plan includes measures to help the agriculture and infrastructure sectors adapt to green energy. Villages and rural areas will also benefit from this plan, aimed at integrating them into the energy transition and improving their resilience in the face of climate change.
Spain has already shown significant progress in renewable energy production, with production records set in recent years. The new plan should not only consolidate these achievements, but also pave the way for new innovations and investments in the energy sector.

Future Perspectives and Analyses

Switching to greener energy is an urgent necessity for Spain, in line with the European Union’s targets for reducing carbon emissions. The financial and political commitment shown by the Spanish government reflects a growing awareness of the importance of the energy transition for the country’s economic and environmental sustainability.
By encouraging the production of green hydrogen and supporting renewable energies, Spain could become a model for other European countries. Investments in green infrastructure and support for rural areas demonstrate an inclusive approach to the energy transition, integrating all sectors of society.
Spain’s ability to achieve its ambitious goals will depend on the effective implementation of this plan and the ability to attract private investment. The outlook is promising, but the challenges remain numerous, requiring close collaboration between government, industry and local communities.
Spain’s energy future looks bright, with a clear roadmap towards cleaner, more sustainable energy. This 2.3 billion euro plan is a significant step in this direction, placing Spain at the forefront of Europe’s energy transition.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The French government activates five funding mechanisms to support industrial decarbonisation projects through the France 2030 plan, targeting major sites, SMEs and high-emission industrial zones.
Paris releases a new €400mn funding package to support industrial projects aimed at reducing emissions under the France 2030 programme.
Paris releases a new €400mn funding package to support industrial projects aimed at reducing emissions under the France 2030 programme.
The massive withdrawal of American financial support and the reduction of European aid could jeopardize energy projects in Africa, profoundly altering their financing structure and the continent's commitments.
The massive withdrawal of American financial support and the reduction of European aid could jeopardize energy projects in Africa, profoundly altering their financing structure and the continent's commitments.
The Vietnamese government has raised its renewable energy targets in a new version of its national energy plan, responding to continued growth in electricity demand.
The Vietnamese government has raised its renewable energy targets in a new version of its national energy plan, responding to continued growth in electricity demand.
A massive outage plunged Puerto Rico into darkness on Wednesday, leaving approximately 1.1 million households without electricity after an unexpected shutdown of all its power plants.
The Czech Republic has ended its dependency on Russian oil after more than six decades, a major shift made in response to Russia's invasion of Ukraine.
The Czech Republic has ended its dependency on Russian oil after more than six decades, a major shift made in response to Russia's invasion of Ukraine.
The European power purchase agreement (PPA) market for renewables reached 19 GW of new capacity in 2024, with growing momentum for hybrid contracts including storage.
The European power purchase agreement (PPA) market for renewables reached 19 GW of new capacity in 2024, with growing momentum for hybrid contracts including storage.
Industry Minister Marc Ferracci criticised the Rassemblement National's stance on energy, accusing it of hindering planned investments in renewables in favour of fossil fuel imports.
Industry Minister Marc Ferracci criticised the Rassemblement National's stance on energy, accusing it of hindering planned investments in renewables in favour of fossil fuel imports.
Bill 69 sparks protests in Saint-Jean-sur-Richelieu, where several organisations denounce a risk of privatising Quebec’s electricity sector.
Wind and solar energy accounted for nearly one-fifth of Türkiye’s electricity generation in 2024, according to an analysis by think tank Ember, driven by a strong increase in installed capacity.
Wind and solar energy accounted for nearly one-fifth of Türkiye’s electricity generation in 2024, according to an analysis by think tank Ember, driven by a strong increase in installed capacity.
The Acerez consortium has signed a 35-year agreement to build and operate over 240 km of high-voltage lines in Australia, marking the country's first public-private partnership in the sector.
The Acerez consortium has signed a 35-year agreement to build and operate over 240 km of high-voltage lines in Australia, marking the country's first public-private partnership in the sector.
France’s multi-year energy strategy shifts focus away from photovoltaics toward flexibility measures, including battery storage, to address growing imbalances in the electricity market.
France’s multi-year energy strategy shifts focus away from photovoltaics toward flexibility measures, including battery storage, to address growing imbalances in the electricity market.
France’s energy regulator unveils its first observatory dedicated to renewable electricity purchase agreements, highlighting a recent but still marginal growth compared to State-backed mechanisms.
The French government plans to adopt within two weeks a decree outlining the decade’s energy objectives, restarting nuclear power and preparing for a parliamentary debate on energy sovereignty.
The French government plans to adopt within two weeks a decree outlining the decade’s energy objectives, restarting nuclear power and preparing for a parliamentary debate on energy sovereignty.
The expansion of solar and wind capacity is multiplying hours of negative prices on European electricity markets, weakening the sector's economic balance while reshaping export and storage dynamics.
The expansion of solar and wind capacity is multiplying hours of negative prices on European electricity markets, weakening the sector's economic balance while reshaping export and storage dynamics.
The National Assembly will discuss national energy security on 28 April at the government’s request, in connection with the upcoming Multiannual Energy Programming covering the 2025-2035 period.
The National Assembly will discuss national energy security on 28 April at the government’s request, in connection with the upcoming Multiannual Energy Programming covering the 2025-2035 period.
Despite a predominantly decarbonised electricity production, demand in Europe remains subdued, hindered by uncompetitive prices and limited industrial usage.
Data from think tank Ember reveals that fossil fuels accounted for just 49.2% of US electricity generation in March 2025, marking an unprecedented threshold.
Data from think tank Ember reveals that fossil fuels accounted for just 49.2% of US electricity generation in March 2025, marking an unprecedented threshold.
The global electricity mix shifted in 2024 with 40.9% of production from low-carbon sources, according to Ember, driven by historic solar power growth.
The global electricity mix shifted in 2024 with 40.9% of production from low-carbon sources, according to Ember, driven by historic solar power growth.
Facing recurring shortages, Tajikistan tightens energy laws by introducing prison sentences of up to ten years for electricity fraud to protect its ageing hydropower network.
Facing recurring shortages, Tajikistan tightens energy laws by introducing prison sentences of up to ten years for electricity fraud to protect its ageing hydropower network.
Burundi’s main opposition coalition warns of direct consequences from the energy crisis on the organisation of the June legislative elections.
In Cienfuegos, Cuba is deploying an ambitious photovoltaic programme supported by China to reduce its dependence on oil and stabilise its failing power grid.
In Cienfuegos, Cuba is deploying an ambitious photovoltaic programme supported by China to reduce its dependence on oil and stabilise its failing power grid.
The Panama Canal Authority has approved a strategic gas pipeline project amid political tensions and diverging interests over regional energy control.
The Panama Canal Authority has approved a strategic gas pipeline project amid political tensions and diverging interests over regional energy control.
The European Investment Bank is funding a €732 mn expansion plan to modernise and stabilise the electricity network in the Ostsachsen region by 2027.
The European Investment Bank is funding a €732 mn expansion plan to modernise and stabilise the electricity network in the Ostsachsen region by 2027.

Advertising