Photo: freepik
Spain is taking a significant step toward sustainable energy by shutting down all of its nuclear reactors, according to a Bloomberg report from April.
The seven nuclear reactors the nation intends to shut down during the next 10 years provide 20% of its electricity. Wind turbines, massive batteries, and solar panels are being accelerated over the course of five years to close that gap.
Since the current capacity is just three gigawatts, the aim of 20 gigawatts of energy storage by 2030 seems ambitious. The ultimate objective is for at least 81% of the Iberian nation’s electricity to come from really clean sources.
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Kesavarthiniy Savarimuthu, a BloombergNEF European power markets analyst, declared, “Spain is a postcard, a glimpse into the future where you’re not going to need baseload generators from 8 am to 5 pm.”
Other nations, 31 of which intend to increase their nuclear reliance by 2050, disagree with Spain’s decision to ban nuclear energy. Misconceptions regarding nuclear energy persist, particularly in the wake of catastrophic meltdowns like Chernobyl. However, with the right recycling plan, it can also be beneficial.
The cost of managing nuclear waste and the taxes related to maintaining the reactors are the nation’s biggest concerns. Additionally, according to Bloomberg, several regions of the nation are now experiencing negative electricity prices as a result of the utilization of solar and wind power. According to AleaSoft, the Spanish market saw negative pricing for the first time on April 1, 2024.
Spain will continue to rely on natural gas facilities as a backup to its renewable electricity sources after closing its last coal plant sometime in 2025. Others, however, remain optimistic that the battle for clean energy can still include a nuclear backup.
“There’s still room for negotiation-we’re hopeful,” Ignacio Araluce, president of the Spanish nuclear industry association Foro Nuclear, told Bloomberg.
source: msn
