Europe is at the halfway point in 2020: where we stand with our Sustainable Development goals and what still needs to be done to actualize the energy revolution. After a record-breaking 2019, EGP’s 2030 challenge will play out in Italy and Spain.
With every milestone achieved, a new challenge begins. That’s the spirit we want to adopt to actualize the energy revolution as described in the 2030 Sustainable Development Agenda. We’re going to create a future that is a balance of technological innovation, energy efficiency and environmental sustainability.
In 2019, the United States, Spain, Italy, Brazil, Chile and South Africa took the largest concrete steps towards total decarbonization, setting a new record for EGP’s renewable capacity growth. Our common objective is to accelerate the energy transition and support the sustainable development objectives laid out in our 2030 Agenda.
The European Green Deal’s ambitious objectives
Europe’s climate plan – the European Green Deal – requires a 32.5% reduction in energy consumption by 2030 thanks to increased efficiency, and a jump to 32% of energy generated from renewable resources. The goal is to drastically cut down on greenhouse gas emissions, passing from the current 40% established by the Clean Energy for All Europeans agenda to 50-55%.
The European Commission’s ambitious goal is to transform Europe into the world’s first climate-neutral continent by 2050 by accelerating decarbonization and fully developing the potential of renewables.
For the dream of a carbon-free Europe to become reality, all member countries must actively contribute to the energy efficiency and safety goals. To do so, Europe is ready to guarantee enhanced interconnection of the national grids (the goal for 2030 is 15% of total installed capacity) and to push the development of research, innovation, competition and an internal energy market.
Italy and Spain: the future is in your hands
Italy and Spain will play an important role in renewables between now and 2030. Last year, both countries managed to produce nearly 35% of their electric energy from renewable resources. They’ve set objectives to reduce final energy consumption by 2030 (-104 Mtep Italy, -71 Mtep Spain) and to promote electrification (+25% in Italy, +29% in Spain), especially in the residential and services sectors (+33% forecast for Italy, +54% for Spain) and the transport sector (6%).
Towards 2030: an intense road for Italy
Even though there has been a visible slowdown in renewables development in recent years, for the future, Italy is going to take a central role in the sector’s growth. The action plan aims to increase clean energy to 55% by 2030 with a boost in production of nearly 40 GW, 31 GW of which from solar and 8 GW from wind, adding 2,500 MW to the pipeline. The energy mix laid out by the national plan calls for renewables to cover 65% of the national demand (93 GW forecast), while thermic energy will decrease to 35% of installed energy (51 GW). In addition, the National Energy Strategy calls for coal-burning plants to be closed (8 GW installed capacity) by 2025.
To achieve these goals, invitations to tender have been launched to award the incentives for new electricity generated from renewables managed by the PSB (Power Services Board). The first 500 MW tender, opened last October and closed at the end of January, awarded EGP 60 MW of new renewable capacity for 3 wind projects (to be built in Molise, Campania, Sicily) and 20 MW to restructure and upgrade wind and hydroelectric plants already in service. The cycle of tenders will follow a steady rhythm until the end of 2021 – 6 more tenders, one every 3 months – for a total of 8,000 MW. From now on, we’re in a race against time to achieve the National Plan’s objectives (PNIEC), which include developing 40,000 MW of new renewable power (30,000 solar and 10,000 wind) in 10 years.
Towards 2030: Spain is aiming high
Spain has made a notable contribution to Enel Green Power’s 3 GW of built renewable capacity. For 2030, it has set out an even more ambitious plan: to cover 74% of national demand with energy from renewable resources by producing an additional 65 GW (37 solar and 27 wind) and simultaneously halve production from fossil fuels. The national plan calls for an energy mix with 72% (113 GW) of demand generated from renewables and a reduction of thermic energy to 28% (44 GW).
Our plants contribute to a renewable future
The great results achieved in 2019 have further established our essential role in accelerating the transition process towards renewables. Once again, we are global leaders, a role earned thanks to the renovations and modernization of our plants (repowering) and the development of an important pipeline of solar, wind, geothermal and hydroelectric projects.
Triumphs of innovation, like Totana solar park and Sierra Costera wind farm, facilitate the transition to renewable energy resources and reduce waste. These significant projects are mapping out the road to a fully sustainable future.