Spain sparks fears of energy industry crisis as renewable supply exceeds demand | BBC News
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- Опубліковано 28 вер 2024
- Spain has become one of Europe’s prime renewable energy hotspots, with a sharp increase in installation of solar and wind generators over the last few years.
However despite the successful move towards green energy sources, electricity consumption has been dropping.
This has triggered concern this could lead to a crisis in the industry.
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#Spain #GreenEnergy #BBCNews
People using less energy is a good thing not a crisis
Good for the planet bad for profits .. profits don't care about green .. they need consumption
Not for the money grabbing companies!
Well done Spain
Nor greedy capitalists.
It is when energy is a stealth tax and the tax income drops substantially and there is no money for the services that poor people rely on such as welfare, adult social care etc etc. Run out an get your solar and renewable - they are future tax burdens. Got an electric car? Thats a 50% tax please haha ;-P
‘Crisis in the industry’ = rich people profiting from poor people that need electricity won’t be earning millions from it anymore 🤷♂️
absolutely spot on
So private equity wind and solar millionaires?
That sounds about right.
A few hundred people want to make money, so millions of people must pay the consequences of them earning that money.
We will know we have made a step in the right direction, when we stop looking up to wealthy people, because they are successful businessmen. We will see them for the parasites they really are.
If having a bigger yacht is more important than the well being of hundreds of thousands of people, you need psychiatric help, not a bigger yacht.
Now all they have to do is become like Norway and adopt EVs and oil and gas will be screwed.
Are the panels and turbines free? One can assume it's still private for profit organisations running it all with tax subsidies. The cost of electricity in Spain is comparable to the UK. One solar farm is already replacing its panels after 10 years! The Chinese are loving this!
Oh nooooooo! Cheaper energy and less fossil fuels?!? How will our poor precious billionaires possibly survive this?
THe crisis is that the entirety of the electric sector will be in risk of collapsing if the government doesn't collectivize the utility companies (as they are no longer viable investments). This means buying them out for a lot of money, while also contending with all the people who believe a government owning companies is communism.
The fact is that isn't cheaper. Or it is cheaper to produce, but they sell it way way more expensive than the more polluting sources because of corruption.
Cheaper energy lol.
Your future looks 😂😂😂😂 brainwashed 😂😂😂
By selling more panels when the 30 year expiry reaches and charging premiums for their disposal given we don't currently have means to dispose of them safely.
Who has paid you for this 😂
I haven't heard anything that constitutes a "crisis" other than energy prices going down and people being more self sufficient. The only negative you stated was less investment in industry by institutional investment groups.
The investment in the industry comes from millions of people buying solar panels, it doesn't have to come from corporations looking for a return on their investment.
Less money spent on energy means more money to spend in the community instead of being sat in off shore accounts.
Excess energy can disrupt the grid, but if the energy is produced and used at the source, it doesn't even go into the grid and excess energy can and is often exported to other nations.
The economy going up doesn't mean energy usage going up. Just like more powerful microchips doesn't mean bigger microchips, you said it yourself in the next sentence, efficiencies and progression in technology and more sustainable living 🤦🏻♂️
All you need is batteries that have been around for more than long enough but seem to be intentionally held back in development and adoption. About 25 years ago I had rechargable batteries and they were in almost every shop. I can't remember the last time I saw them without looking at specialist shops.
The dinosaur juice producers paid in advance for this hit piece....lol. What a bunch of muppets BBC has become....
Well there are some concerns:
- A greater decentralised generation capacity, if exported to the grid, creates greater variability in the network and can generate some funky effects in terms of power stability as you may not necessarily have a large and stable load supply.
- Solar is a very new technology and, aside from lacking public awareness, is not ready for recycling yet. Much like wind power, many critical components require replacement entirely after 30 years. Given power is being generated in a non-central manner, waste has potentially jumped up tenfold. So we gotta get inventing fast.
@@markmercieca5569 BP&sHell in a nutshell
Energy prices are going up because all these renewables projects demanded curtailment contracts before they even got built. So during periods of high production when supply exceeds demand, customers have to PAY the solar companies for electricity they DIDN'T use.
❤
Energy prices skyrocket: "That's just the way it is sweaty, suck it up"
Energy prices threaten to fall; "This is a crisis that we all need to be terrified about"
You don't understand the idea of power curtailment pricing. Electricity prices go UP under these conditions.
Can't they just sell it to other EU countries?
yeah they can, it´s a fake story to lobby for oil and gas, bc that´s where the rich constantly make money, you sell solar to citizens and they can get it themselves.
Green energy is useless, it cant be exported as it lacks reactive power so it cant be transported far, and without huge battery cells it creates an unstable grid.
France doesn’t like the idea, since they export a lot thanks to their nuclear power plants, so the french opposes allowing grid to cross the Pirineos mountains towards France.
There needs to be infrastructure already existing that connects their energy grid to said other EU countries. That takes time and money in itself, and a commitment to continue supplying that electricity for years to actually make building that infrastructure worth it.
There's only one inter-connector with France (which is Europe's largest net exporter of energy), Morocco (who is looking for markets for it's green electricity) and Portugal - none of these connections are up to EU recommended levels of capacity - they're working on improving the connections but they're nowhere near close yet. The other problem is that there's a lack of high voltage cables running from the areas of green production to the foreign markets - outside of the main urban areas even the basic grid is creaking with age (there's a queue of projects awaiting connection). And Spain was very late in installing infrastructure for EVs - they are way behind both their own targets and France and Germany, due to the previous PP government being in the pocket of the two largest electricity companies (Endesa and Iberdrola).
And the benefits of the excess power hasn't really passed down to the consumer - you would think that if there's such an excess of green electricity that the retail price during the day would fall - but the consumer tariffs in Spain don't reflect that. The cheapest time of the day for a consumer to buy electricity is to consume in the early hours of the morning, not when the sun is shining.
Way better to have it and not need it than to need it and not have it
Not if your trying to expand your production.
Not entirely. Grid mechanics is complex. A surplus can cause funky effects down the line for grid engineers.
@@scootergrant8683 True, but Spain has the ability to store excess energy. So having excess renewable energy is far better than having too high demand and not enough.
@@SmilingNinja in what way do they have ability to store excess energy?
@@raccoonious4038 They have pumped-storage hydro, and molten-salt heat storage at a few of their solar thermal plants.
How on Earth did the BBC get this so wrong?
If you’re looking for an industry to use all that cheap electricity look no further than desalination! It opens avenues for more agricultural industry and gobbles power like almost nothing else.
Liberals claim we can't do that because of brine. I guess they've never heard of brine outfalls.
Yep, the Catalan Government are looking into this as they have water shortages here. I think there is already a plant just outside of Barcelona which they want to expand.
@@chrisvalford Indeed they have a desalination plant and their reservoirs in the mountains are not keeping up.
AND
Grow produce in the shade UNDER the panels!
Another use for cheap excess electricity is in producing green hydrogen, which Spain can export to make some moolah becoming the Norway of green hydrogen in Europe.
There is plenty of use cases for cheap excess electricity.
Oh dear poor energy companies. My heart bleeds for them.
Im failing to see the crisis... 🤔
BBC news can be too similar to the Daily Mail or the Daily Express at times in that things can only ever be reported as crisis or disaster. There's not always this need to be so dour or scary.
Or DW! The biggest negative propaganda channel regarding EU i ever seen.
Weird!
If all this cleaner renewable energy was publicly owned, it would be a win-win situation. Lower costs, lower bills, less risk, less pollution, lower tax.. come on people,sort it out!
Like the other comments here, why is it being presented as a crisis? Abundant renewable energy and lower energy demand through DSM is a great opportunity for energy companies to export.
oh no, not cheap energy, how will the energy ceo buy their 5th mansion now :(
The whole point of renewable energy is that it's a cheap, low cost form of energy. An entire facet of 'sustainability' revolves around consuming less. Surely there is a Government policy that addresses a plan for when we meet our green energy targets, such as removing the need for private investor incentives or demarketization of renewable energy
The renewables companies don't care. The curtailment clauses in their contracts mean they can never lose money during times of high supply/low demand. Consumers are forced to pay for electricity they DON'T use.
@@gregorymalchuk272Stop the nonsense. Contracts end. Laws are passed.
Shouldn't this be celebrated, how is this even a problem
The issue that people have is that the cost of energy is still too high for many in Spain, people don't turn on AC units even if it's 47c outside due to the cost and try to make by with just fans. Energy in Spain is heavily monopolized and still high cost considering supply and demand. While it may look affordable to other countries, and Spain's wages have increased, they are still behind in earning compared to many other countries and rent still takes a significant portion of the budget. So yeah, we use less cause we can't afford it...
We in Montenegro are exporters of the electricity cause our market is small and we got some big dams in northern Montenegro. Our monthly electricity bills are like 30-60 euros, depending what the month is. We use our ACs LITERALLY non stop if we wish too. Central and southern Montenegro can get similar summer temps like some parts of Spain. 35C to 40C and above 40C. Our record is 44,7C. Really surprised that the situation is such that you can't even use your AC?...Sometimes it could be question of life and death, for elderly, kids and people with some chronic illness, not to be able to use your AC. I am more and more thankfull that our electricity is so cheap. God knows other things are expensive here, for our salaries that are similar to southern Italy or Greece.
@@Just_another_Euro_dudeWhat is the electricity cost per kWh? And how does your country generate electricity?
Can they not sell their electricity abroad?
How about using the extra power for desalination plants. The country keeps having droughts and access to fresh water is dropping
Already do... Spain has over 700 plants, way more than anybody else in Europe
@@manuelrodriguez2637 country looks like they are investing in many of the right areas
If they get abundant cheap clean energy then they can use it for industries thay would otherwise be unprofitable. Iceland has a massive aluminium refining industry and a growing green hydrogen production industry just because they have loads of geothermal power to spare. They could also just build more cables and grid scale energy storage to make it easier to export to other countries.
Every country approaching or passing 100% Renewable Energy supply at peak times needs to be dumping their excess energy into production of synthetic hydrocarbon commodities, not trying to match it to grid consumption. Every country is still consuming fossil hydrocarbons - if we synthesise the exact same chemicals renewably, that will begin to make those harder-to-electrify applications greener too.
This sounds like a success story and something that every other country should aim to achieve. Its the only way out of environmental crisis. Why is BBC turning this achievement into a crisis?
some of the best news we’ve heard in decades and you’re calling it a crisis ?
Well done Spain, make every home & business energy self-sufficient.
Every home installation should have a battery back up to store the energy to provide some stability no point dumping on the network when not needed
Excess supply is there because of lack of battery storage. Gas fired power plants are still needed for windless nights. Using those power plants as just backups is insanely expensive. This price is not taken into account when they claim solar and wind is cheaper than ff powerplants.
I'm massively for the idea of feeding periodic renewable excess generation into hydrolysis for green hydrogen and then into synthetic fuels.
Whether people like it or not, green energy is going to replace fuel, so everyone will just have to get use to it.
It's only a crisis for the greedy energy suppliers, not for the Spanish people or the planet. Well done Spain ✊️
People who don't see the problem with supply exceeding demand are blinding themselves to the ECONOMICS of power generation. California is having a somewhat similar problem whereas they produce more than can be used. The state has effectively cut tax incentives to install solar, hamstringing the industry and costing thousands of "green" jobs. Balance is needed here and until a steady-state is reached, going "green" will be an economic challenge.
Said it years ago interconnectors are the solution. Why buy solar panels in northern europe that are efficient 3 months of the year. Put them in Spain where its all year sun and interconnect the power to where its needed. Then when there is excess power in Northern Europe with off shore it can be sent somewhere else. Even if there is transmission loss its cheap to generate.
So really, really good news story. But the BBC has to spin it as a negative...wtf
Are you telling me that when everyone and their mothers were promoting solars at homes they weren't thinking about this? What the figs.
Sorry what was the bad thing in this report that should be feared? I watched it twice and still missed it
Congratulations, Spain! This achievement reflects a gradual change, one that the national power grid has been aware of but hasn't fully embraced regarding renewable energy. Now, Spain can focus on strategies for solar panel waste disposal and renewal. BBC, this is a great opportunity to highlight positive developments rather than focusing on the negative. Anyhow, good coverage, BBC.
UK is importing energy from Marocco thru sea cables. Why not put some of that electricity on the grid and sell to other countries?
How's this a crisis? I'll have to check Aljazeera for the real news on the topic.
The greed of the energy companies has bit them on the ass. The crisis is for them great for the consumer
Always the same, private investment greed. Should be working as a non profit energy supply.
Holy Clickbait Batman!
The solution is: We need efective ways to keep energy! Tesla Power Packs or any other effective method. Fosil fuel is just 28% effective any batery or mechanical system will be much better than this!
I don’t get the point. If 50% of the energy comes from solar and wind, there is no issue with the reduction of demand. The wind and the sun are free … at least for now.
Wait until they decide to go with the Australian model. People with solar have to pay to put electricity INTO the grid as there is a surplus!!
Well done Spain, showing the rest of the world that this can be achived.
Meanwhile in the UK the price is the same regardless of how much supply or demand there is.
I take it you are not on an Octopus duel tariff like me , sub 12p a kwh average?
We pay 8p per kWh average, it’s your own fault for not doing anything to change it. Cheap energy is available.
Our gas , electric and charging 2 electric cars is about £20 per month!
It doesn't make sense that being efficient is somehow bad.
There is no "renewable energy crisis", there is only not yet enough energy storage available, and that needs to change ASAP. Lots of battery storage is built right now, in 2025 battery storage worldwide will surpass hydro powerstorage, and in coming years, batteries will get even cheaper, and prices have already plummeted which enables us now to get cheap EVs and battery storage, and this will save billions and billions of money and will improve the environment drastically, as every EV on the road, and every battery storage system saves huge amounts of oil, coal, and gas, which does not need to be burnt.
Learn from Australia, battery back-up to smooth out the peak to off-peak transitions.
It's a crisis for investors and people who work in traditional power plants because in the future it might close down in favor of renewables.
The more renewables that are added to the system, the bigger the problem will become, because renewables need to be "over built". You also have to allow for back up generation at night, when the sun isn't shining or when the wind doesn’t blow. Batteries are not capable of providing this back up, which leaves fossil fuels or nuclear. If you have to incur the capital and maintenance costs of two systems, they will cost more, not less. All the above is basic, common sense. I find it shocking that so many are unable to grasp the simple logic.
Solar and Wind are not a flexible energy source…?
I live just outside of Barcelona where the sun does shine even though it's been a little wetter this year. When the energy crisis started and all our bills went up, the government asked everybody to turn down their air conditioners by a degree or two, which worked! All the shops and bars suddenly became hotter, but at least you could have a cool beer outside. Last year when the temperatures were much higher than normal it became difficult to find somewhere to cool down. Now that energy prices have fallen, some shops are returning to the cool oasis's they were before. As far as I can remember there is a local desalination plant which they want to expand, powered by solar, to help with the tourist demand for fresh water. This year all the beach showers and fountains have been removed or drained. Even the marina where I am currently staying is redeveloping their workshop area, so the roof will be covered with solar panels, and hopefully they will include charging points for the many E.V.s we have here. If all the apartments had solar on their roofs I'm sure the demand from the grid would fall rapidly, just the high demand items such as lifts would be connected. I think the socialist government in Spain realises there will be no future for the country if they don't take these measures. Desertification is rampant here, so anything to cool the planet down is welcome :)
I'm sure the same discourse was made when we moved from candles and oil lamps to electricity. It's up to the market to adapt. They should not screw people up just to satisfy the investors. Also, don't they have a water crisis? They could use the surplus for desalination plants, for example.
Consumption going down is good for everyone. There is a grid through which Spain can sell its excess to the rest of Europe. Why is is this omitted from the report?
The surplus energy should be used for desalination plants to help with the water crisis in Spain
Normally in Europe electrical grids are integrated so excess can be exported and maybe a fossil based generating plant can be stood down. If this is the case that Spain form part of this integrated network why is this an issue?
Meanwhile in Australia - net zero conscious customers who fitted rooftop panels to produce solar power and send their excess energy to the national grid are now to be charged for ‘storage’ of their excess/unused electricity by the energy companies.
How long before this happens in Europe? It seems it was all about the money rather than the planet after all.
Well, it sounds like the Industry needs to change. 🤷♂️ Isn’t that what they say to workers when they get laid off do to advanced technologies taking their jobs.
All fear the cheap electricity!
"good for consumers but could deter investments" 😂😂😂😂😂
Hello , the aim of successful governance is to benefit the consumers not the multinational mafias.
Just wait when producers and consumers start deploying more batteries (hydric, thermal, chemical, etc.)… That will be a disaster 😂
As soon as we find a new affordable way to store electricity and transport it, we are out of trouble. At this moment, the heat batteries, with sand or stones, are the best way to store this energy, But they are nor suitable for transportation.
Leave it to the BBC to try to spin this into a negative.
How is this even news?
Half the country using renewables! That's great!
Invest in energy storage infrastructure. That would really change the big picture.
need a big battery to store a surpluses
No mention of Spains lack of connectivity to the common European power grid? What kind of reporting is this? They could have just exported electricity to France and Italy, maybe even further using HVDC lines.
Yup, electricity is so cheap there's no point of investing in solar panels anymore. My house has no gas (everything electric), charging my electric car every night and still pay less than €80 a month. That's in the summer, when AC is running 20 hours a day too 😅
I remember living in the UK, paying £300 a month for electricity and gas 🤦♂️
I genuinely think its very poor framing from the BBC over this. The average person does not know or care about he ins and outs of nationwide energy markets. All they care about is the price they pay, and rightly so
This report should have been about the success of renewables in lowering prices. Companies need to figure out how to make that work. Its not relevant to the average person if those issues exist when the upside is cheaper, cleaner energy
I live in Fuerteventura. in the winter and electricity is there they are still building houses with no solar panels and street lights with no solar panels they are just investing in windfarms when we live on the windy island electricity should be free .
Less energy needed in the summer, go figure
Provide subsidies for domestic batteries and EVs with smart charging capabilities and maybe chuck in a HVDC interconnector. Ideally do this two years ago, but as that's not possible do it now. Crisis over. You're welcome!
The investment companies should just buy and sell solar panels.
That "however" at 0:09 probably made her punch her mirror.
Investors? Screw them, each house should install its own solar power system then. Wow, life is always about money isn't it? What a crisis. Let the government deal with it on its own then, solar panels are cheap as hell and turbines produce a ton of power in a relatively small footprint. What a crisis.
How is this bad?
Cheaper energy for Portugal lol
I'm happy
as a very arid country it will help spain to be a green power producer as aridity and temperatures increase.
Renewable energy is not sustainable and the faster we realise this the cheaper it will be for the ordinary people that get ripped off constantly
Long story short, investors are worried about their bottom line. There is no crisis, and this is a VERY good thing.
Well boo hoo for the privatized energy sector, which can’t just rake in their usual obscene profits. Lost in the entire discussion is that the sector should be a public, nonprofit utility.
What a horrible headline. It turns the positives of the green transition into a negative.
Evidence of who is funding the BBC
Solar panel are made in China. Any evidence of "Overcapacity" are news to the sponsors.
I don't see any problem here
Why don't they just sell the power to Germany or something?
@@kv4648delivering electricity long distances is both difficult and expensive
I think Spain is doing what every nation should be doing. Very proud of Spain 🇪🇸.
Solar isn't entirely eco friendly. Might be a green energy source but we cannot properly recycle the panels when their 3 decade lifetime is up
@@scootergrant8683 "but we cannot properly recycle the panels" depends what you mean by properly. Paper can't be 100% recycled. Ink, glue, coatings and damaged fibres mean you get less paper out then you put in.
@@ianhamilton3113 Most Solar panels I am aware of are whole units with integrated circuitry possessing many rarer earth minerals and metals. There is a great assumption that once an item can be retrieved it can be recycled but that isn't strictly true.
These items are often bonded up in forms which are made to hold their form ad hard to tamper with. Or they are inherently hard to re-form into other structures because of the naure of their composition.
Most countries don't have neither the solar resource potential nor the vast plains and long rivers to build renewables in such scale.
It's a laudable effort, investment, and success, and Spain muist be praised for it; but let's not believe any other European country has the orography nor the geographic position to have it so "easy".
@@zanshibumi That's a very good point to raise. It seems there's a very black and white perception of renewable energy platforms. I do wonder if public members should rather view them as another part of the spectrum of electricity generation methods.
To use an extended analogy, it's like tools in a toolshed. Most people need hammers and screwdrivers but some need saws and blowtorches. After all, what point is there giving a spanner to someone needing to put up a painting. Or instead giving a flat-head screwdriver to someone driving in a Philips-head. Flat-head will work but Phillips will achieve the job better.
Poor Spain. Too much green energy which means cheap power for the people. Lucky the Brits don’t have this problem.
Actually most of the reduction in energy costs for Spanish people are because of the emergency reduction in VAT on energy bills from 21% to 5%, and the reduction in "Energy Tax" from 5.1% to 0.5% - not because of solar and wind generation. The cheapest time for a consumer in Spain to buy electricity is in the early hours of the morning - not when the sun is shining at mid-day.
The British government problem is to much foreign privateers the likes of energy should be nationalised shocking the money these people are making great Britain know economic zone good luck reform party
😅
@@MalcolmRose-l3bthat's because energy consumption hits rock bottom in the morning when everyone's just getting up
@@MalcolmRose-l3b What a load of bullshit. The price of electricity in Spain has dropped a huge amount because of renewable energy sources, taxes have nothing to do with it
"crisis "!!! where? what is it? homes have electricity and they are efficient is not a crisis
I beg you and all these idiotic people in the comments to watch a five minute how-to-capitalism-101 video, please. If renewable energy stops being profitable, the rich people the comments seem to hate so much will stop investing, hence, renewable expansion will also stop where it is now, which is terrible because as you heard in the video, not even a third of the Spanish economy is currently electrified. We need a balance for efficient expansion, that's how it works. Capitalism 101.
I find it strange batteries were not mentioned in the video, as they not only fix the problem but even give us clean electricity during the night.
Do you understand the concept of the "curtailment contract"?
@@gregorymalchuk272 Yes, I do, and they do not exist in the Spanish renewable market, so you can F*ck right off .
@@gregorymalchuk272Do you understand that Fossil Fuels is going away…Fossil.
Because the green revolution from the generation developer side will come to a halt if the demand for electricity falls and the associated prices. there is no money in it for developers if prices are negative to such a degree that they exceed the subsidies.
there will be excess supply and curtailment in order to maintain the grid stability. asa a developer that can become problematic and make the investment uneconomic.
What a nightmare. Too much green energy.
Too many curtailment contracts.
@@gregorymalchuk272 NO curtailkment contracts, you numbnuts.
OH NO, WE'VE REACHED SUSTAINABILITY.
It was supposed to be impossible,now what they're going to blame climate change on
Heaven forbid consumers benefit and investors lose out 🙄
Consumers pay higher prices due to curtailment contracting.
@@gregorymalchuk272 I have no idea WTF you're on.
Because I live in Spain and, yes, the consumers benefits, as do the producers.The difference is that the producers dont make exorbitant profits at the cost of consumers.
Maybe you should figure out how the Spanish electrical production system woks, because there is no curtailment contracting system in Spain. The government guarantees to buy every KWh produced by renewable producers.
Silly boy.
They arent benefiting.
@@Withnail1969 Who "aren't benefitting"?
I certainly am. Right now I am paying €0,04635 per KWh.
The electric producers are beneftting, because they are maintaining their profits.
Workers are benefitting because the Spanish economy is continuing to grow and is , in fact, one of the strongest EU economies and has been for over a year.
And the energy sector is providing large numbers of jobs, not only in the maintenance of these solar and wind farms, but also in the installation industry.
So, please, why don't YOU explain who isn't benefitting? Because I live here and see all the benefits for all sectors of the Spanish economy.
The one sector that is taking its time to benefit is that of EV charging, but even that is rapidly catching up because it is very clear, in spite of all the scare stories in the English speaking media, that running a BEV is clearly beneficial to owners on the grounds of cost.
But of course! You know everything because you say so... from the vantage point of where? Some god-forsaken sh1thole in the UK?
@@davidcolin6519 The Spanish economy is a basket case with catastrophic unemployment. The electricity companies do not benefit from solar panels. They are a major problem for them. If you're paying low prices for now that won't last long or is heavily government subsidised with money printing.
Plenty of capacity. Well done Spain.
The headline makes it sound like a severe and ominous situation. All that’s happening is that they’re doing what needs to be done and some companies are temporarily not raking in huge profits. That’s not alarming. That’s just reality. Please stop making up issues.
The private equity solar companies are taking in profits while consumers pay high prices due to curtailment phenomenon.
@@gregorymalchuk272 Then just install your own PV and battery storage - the cost is now *easily* affordable for anyone with a normal mortgage.
Broadcasting Bollocks Corporation at it's finest...
How on earth are you framing this as negative? Oh no some executives abd oligarchs may be feeling a bit of a squeeze, how sad. Well done Spain!
Because from an engineering and economic perspective it's a problem.
Renewable energy running into limits despite most energy still being non-renewable is indeed a problem if the aim is to get rid of the fossils.
There are workarounds to that, trouble is they haven't yet been implemented and they're long term by their very nature.
@@shaun5552Nonsense. Battery Storage solves nearly ALL the issues with renewable energy. This isn’t even going to be an issue in many countries within a decade.
Individual and Businesses using Solar and Battery Storage will drop the demand from the Grid. Battery Storage at Grid Scale is ALREADY reducing the demand for Grid Production in several countries. The backup available from Storage is removing the need for Peaker Plants and addressing Peak Energy Demand rapidly in many areas.
VPPs are also beginning to be used to address Peak Demand as well.
Alternative title: Spaniards humble brag that they have too much sun
Sounds like a storage problem rather than a generation problem
It's a non problem. Aka a solution.
It's an oversupply of electricity problem. People want energy but don't want it in the form of expensive electricity. Running a gas cooker is half the price of running an electric cooker.
Why shouldn't the solar companies internalize the storage problem rather than export it to the grid? 🤔
@@longdang2681It's worse than that. These renewables companies have curtailment contracts which basically stipulate that all generated electricity MUST be bought by the grid operator/distribution company regardless of need. So you pay inflated prices even for electricity you DON'T use.
@@longdang2681na, its not
What has the BBC become....even spinning a positive move as negative. Battery Tech and bilateral EV car charging will solve all the problems.
note the bizarre camera angles to induce anxiety! - they're insane trash! This is fantastic for Spain! THEY'RE WINNING!
The BBC is terrified of the Tories as numbskulls like Dorries , Gove and Mogg used to regularly threaten them that the license fee would be abolished or reduced. As a result the parachuted-in - senior suits, virtually all of them white male middle aged Tories, have sent a quiet message down the line...don't talk about the utter disaster of Brexit, and quietly praise the Tories whilst disparaging Labour, LibDems, Greens etc.....or else.
The downtrodden BBC hacks don't have to be paid off. They have morgages and families so the threat of being axed in yet another " restructuring" is enough.
As a result, if private enterprise ( namely Etonian chums, donors and other Tory insiders ) cant make big money out of something then it has to be wrong and bad for the country. The same applies to other countries of course, despite the shrieking evidence that what is going on is good for the environment and the people.
These shady background figures ,who have looted the British economy for 14 years ,arent big on green energy but are " on the side of the motorist" and the fossil fuel producers, and so that's who the BBC hacks have to puff up.
Curtailment contracts aren't positive. It means you pay renewables prices for electricity you DON'T use.
That's mainstream media for you. Words like 'fears' and 'crisis' stimulate more clicks. Here in France there are 1.1 million EVs on the roads and growing fast...during 2022 600,000 French homes replaced gas or oil heating with heat pumps but strangely electricity demand has not risen. The explanation for this is that there has been a massive increase in private solar, some coming from domestic homes but mostly from companies who are generating and using their own power on site. This results in lower demand from the public grid. In my case I ditched fossil fuels in 2019, got myself an EV and put solar panels on my roof. So my €2,000 a year spending on petrol has been replaced with self generated electricity. Spain needs to boost EV sales to soak up all that extra supply.
@@gregorymalchuk272 You don't know what you're talking about.
I'm so sick of corporate media caring more about bad corporations fading away then they do about human lives being better and the planet being healthier.
The absolute absurdity of this title…
The absolute absurdity of our economic system…
The headline is rubbish. Too much energy? Lower the prices for consumers to increase demand!!
Assume you’ll run home and put the tumble dryer on in the middle of the day then, how much would they have to pay you?
None of you understand curtailment power pricing. You pay MORE under these high supply/low demand conditions.
@@gregorymalchuk272 You might want to read up on what is monopoly pricing and effect of energy markets.
@@gregorymalchuk272Ultimate reduction of Demand from grid means ultimate reduction of payments to grid operators. Contracts EXPIRE and won’t be renewed and will get better terms.
“However despite the successful move towards green energy sources, electricity consumption has been dropping.”
What?! Crisis?!
Isn’t this the point of green energy?!
Not when it's by demand destruction.
@@gregorymalchuk272 demand "destruction" due to households being more energy efficient (i.e., better appliances etc.) but that can be massively offset if we'd have more BEVs driving around here.
Spaniard here. I installed solar panels in my home 3 years ago. My average yearly consuntion went from 3'5 MWh/year to 2'2 MWh/year; yet I make the same use of appliances. It's not that energy consumption has been dropping, it's that millions of homes in Spain have reduced their grid dependency by a third.
@@gregorymalchuk272You’re foolish. That’s a dumb comment. There are more Solar Rooftops and batteries. LESS demand from the grid doesn’t mean that the people are using less electricity, they’re generating more electricity themselves.
Not enough profit for someone 😂
Good! More supply than demand should mean lower prices for us!