The government is defining its own emissions reduction strategy to move Spain towards a carbon neutral economy.
When we talk about renewable energy and emissions, Spain takes it seriously. They are already working on the energy plan which will set national goals for 2050.
In a movement that anticipates the work of the European Union, which continues to struggle with directives and regulations for the decade 2021-2030, Madrid unveils the content of the new bill aimed at decarbonizing its economy.
The project has two main objectives: the first concerns renewable sources, which are expected to contribute 70% of electricity production by 2030 and 100% by 2050; the second provides for a 90% reduction in greenhouse gas emissions by 2050 (compared to 1990 levels). To this end, the government undertakes to install at least 3 GW of wind and photovoltaic energy each year – also supported by the new self-consumption law – over the next 10 years.
At the same time, all new licenses for oil extraction, hydrocarbon exploitation and postage will be banned, reserving one-fifth of the state budget for climate change mitigation measures. Energy efficiency will also be improved. The goal is to increase energy savings to 35% in 11 years, focusing mainly on the construction sector. Each year, 100,000 homes will have to be rehabilitated for energy, while government authorities and the public sector will be forced by law to rent only buildings with almost zero energy consumption.
Another objective included in the Spanish climate and energy plan concerns mobility: between 4 and 5 million electric vehicles must be in circulation by 2030. The Secretary of State for Energy, José Domínguez Abascal, explained that the Sánchez’s government will work to ensure that, “until 2030”, Spain adds to its production “between 50,000 and 60,000 megawatts of renewable energy”, mobilizing up to 70,000 million euros. “Half or more of this energy must be solarHe added. “Spain has a unique opportunity in history. This is the first time that a technological transformation has taken place in which our country participates in the forefront. “According to official sources, the climate-energy plan will be ready for next month.