Advertisement
Singapore markets open in 8 hours 52 minutes
  • Straits Times Index

    3,439.88
    +24.37 (+0.71%)
     
  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     
  • Dow

    39,308.00
    -23.90 (-0.06%)
     
  • Nasdaq

    18,188.30
    +159.54 (+0.88%)
     
  • Bitcoin USD

    57,898.04
    -2,216.02 (-3.69%)
     
  • CMC Crypto 200

    1,210.85
    -50.34 (-3.99%)
     
  • FTSE 100

    8,241.26
    +70.14 (+0.86%)
     
  • Gold

    2,369.40
    0.00 (0.00%)
     
  • Crude Oil

    83.94
    +0.06 (+0.07%)
     
  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     
  • Nikkei

    40,913.65
    +332.89 (+0.82%)
     
  • Hang Seng

    18,028.28
    +49.71 (+0.28%)
     
  • FTSE Bursa Malaysia

    1,616.75
    +1.43 (+0.09%)
     
  • Jakarta Composite Index

    7,220.89
    +24.13 (+0.34%)
     
  • PSE Index

    6,507.49
    +57.46 (+0.89%)
     

Renewables produce almost 60% of Spain's electricity

FILE PHOTO: Solar panels are pictured at a solar energy park in Saelices

(Reuters) - Spain generated almost 60% of its electricity from renewable energy sources in the first half of 2024 helped by new solar capacity and more output from hydropower plants, data from grid operator Redeia showed on Tuesday.

Renewables accounted for 51% of the total a year earlier.

Wind farms generated 24.4% of the total, up from 24.1% a year earlier, Redeia said in a statement.

Solar plants generated 16.3% of the total, up from 13.8%, while hydropower dams accounted for 15.9%, up from 9.8%.

Spain aims to generate four-fifths of its electricity from renewables by 2030 under a government plan published last year.

ADVERTISEMENT

Its main non-renewable source of electricity is nuclear, which produced 18.6% of its electricity in the first half, meaning close to 80% of Spain's power was carbon-free.

(Reporting by Matteo Allievi; editing by Jason Neely)