Spain's Power Grid Spending Fell Behind as Solar Energy Boomed

Financial Post · last updated May 3, 2025 – 2:36 AM

But the peninsula is among the least interconnected areas in the region. Spain’s system is linked up to Portugal, France, Andorra and Morocco, yet the exchange capacity is only about 3 gigawatts. That’s less than 3% of total capacity, compared with a European Union target of 15% by 2030, according to the ministry. Spain can’t increase its connectivity by itself and the government hopes the issue will become a priority for the European Commission, the spokesperson said.

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