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Spain promotes the energy transition with 670 million euros in aid

Six ports will receive €212 million to improve their logistics capacities.
The energy transition in Spain

The Vice-President of the Government, Sara Aagesen, has announced the provisional allocation of 670 million euros from the Recovery, Transformation and Resilience Plan (RTRP) to accelerate the energy transition in Spain. The financing will be distributed among offshore wind projects, energy storage, renewable value chain and electric mobility.

This aid package, managed by the Institute for Energy Diversification and Saving (IDAE), seeks to strengthen electrification and reduce dependence on fossil fuels in different strategic sectors.

Strategic ports for offshore wind

Firstly, a significant part of the funds will be allocated to the adaptation of port infrastructures for the development of offshore wind power. In total, six ports will receive €212 million to improve their logistics capacities.

Among them are A Coruña and Ferrol, whose joint project concentrates a significant part of the investment, aligned with the development of offshore in the north of the country. Likewise, facilities in Tarragona, Castellón, Gijón and Las Palmas will be modernised to facilitate assembly, maintenance and transport operations of wind turbines.

The aim is to consolidate these enclaves as industrial bases for future offshore installations, including floating platforms and large structures.

Boosting the energy transition

On the other hand, the Government reinforces energy storage through reversible pumping systems. The second call for the BORALMAC II programme reaches 165 million euros after its expansion.

The funds will benefit seven projects distributed in communities such as Galicia, Asturias, Andalusia, Extremadura and Catalonia. These initiatives will improve the management of renewable energy and guarantee the stability of the electricity system.

In addition, a further €165 million has been allocated to 41 projects linked to the clean technology value chain. Initiatives include the development of batteries, components for power grids, hydrogen and solar energy.

The Basque Country leads in the number of projects, while Navarre stands out for one of the largest individual grants in energy storage. These investments seek to strengthen the national industry and promote new productive capacities.

More than 3,000 charging points for electric mobility

In the field of sustainable mobility, the Moves programme will allocate more than 100 million euros to the installation of charging and electrification transport infrastructures.

Around 2,880 charging points are expected to be installed in main corridors, along with incentives for business fleets that will incorporate thousands of electric vehicles.

Finally, the Renocogen program will receive 21 million euros to promote electricity and heat generation projects from renewable sources. These initiatives will make it possible to replace fossil fuel-based systems in different regions.

During the announcement, Aagesen stressed that the commitment to the energy transition remains firm, highlighting its role in the country’s economic growth, job creation and industrial development.

Source: IDAE

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