Tag Archives: solar power

Spain is a ‘role model in weathering Iranian oil shocks due to its speedy rollout of renewables’, according to the FT 

Spain is a ‘role model in weathering Iranian oil shocks due to its speedy rollout of renewables’, according to the FT 

SPAIN’s consumers have been protected from rising electricity costs, despite the global energy crisis, due to a rapid increase in solar, wind and hydro power. In Spain, the price of electricity is set by gas for only 15% of the hours in this year. This compares to 89% of the hours in Italy. It shows how renewables have reshaped the …

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