Commodity Market Report
Spain power markets long-term outlook H1 2015
Report summary
Economic recovery is bringing growth back to Spanish power demand, although Spain's power market remains in a period of substantial oversupply and regulatory uncertain. Government measures to keep the tariff deficit under control are beginning to show results. 2014 is the first year when a tariff surplus of €11 billion is reported, compared to a deficit of € 26 billion in 2013.
Table of contents
-
Executive summary
- Demand recovers but the market continues with excess capacity
- Tariff deficit continues to restrain growth in renewables
- Despite indigenous supply receiving state support, coal's long term prospects remain poor
-
Demand
- Residential demand
- Industrial demand
- Commercial / other demand
- Losses and energy industries
-
Supply
- Existing capacity
- Capacity developments and forecast
- Gas
-
Renewables
- Special regime (SR)
- Restructuring of renewable energy support - taxes and specific remuneration
- Specific Remuneration Scheme
- Tariff deficit declines as regulatory changes pay-off
- Challenges for the growth in renewables
- Nuclear
- Coal
-
Supply-demand balances
- Annual generation by source
- Infrastructure
- Trade
-
Prices
-
Annual whole power prices and spreads
- Lower hydro output raises short term prices
- Lower demand and imports offer limited upside for spreads
-
Annual whole power prices and spreads
Tables and charts
This report includes 11 images and tables including:
- Power demand by sector
- Power infrastructure map
- Net imports
- Annual generation by fuel
- Existing capacity
- Forecast new capacity
- Generation capacity by fuel
- Generation by fuel
- Changes in power supply between views
- Annual wholesale price
- Spark and dark spread – fuel and emissions
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Poland retail fuels long-term outlook
Poland is the biggest market for oil products in the CEE region and is the largest remaining growth market in the EU.
$6,750
Commodity Market Report
Global Metallurgical Coal Strategic Planning Outlook 2024
Metallurgical coal’s seaborne imports will continue to grow until 2050, with India and Southeast Asia remaining key regions for growth
$10,000
Insight
Gas watts up: Exploding data center growth & US gas market implications
Today’s data centers are power hungry and its growth trajectory highly uncertain
$950