Currently, fossil fuels account for about two-thirds of all power generation capacity, but the rise of renewables will flip the script and they will account for only one-third of power generation capacity in the future.


Renewable energy sources have been developing for decades and are undoubtedly already bearing fruit. Just a few years ago they generated 39% of all electricity consumption in Spain, but they are on the rise. As the word itself indicates, renewable energy sources are an alternative to non-renewable sources and have a long way to go.

The importance of renewable energy is not a whim, but rather a necessity to ensure human survival and the continued habitability of the earth’s surface. Indeed, one of the current trends in these energy sources is the need to mitigate production costs, which will make them even more competitive.

Another thing that is already underway is the gradual integration of the grid. Fortunately, intermittent renewable energy sources, such as solar and wind, are already helping to balance the grid. As a result, there are no chaotic rises or falls in prices, and they remain stable even when demand is higher.

And in Spain, how is the renewable energy sector doing? Many companies are already investing and investing in the development, improvement and implementation of numerous renewable energy sources. Spain is one of the countries that has made the greatest commitment to the transition towards a more sustainable paradigm, which has led to the progressive decarbonisation of the country’s different industries.  By 2030, renewable energy production is expected to account for 42% of the total.

As a country committed to phasing out the use of coal by 2050, it is foreseeable that renewable energies in Spain will continue to develop favourably. This poses challenges that the main companies dedicated to energy generation are already facing.

In short, as we can see, the trend towards renewable energies is favourable, with a view to a greener future, with a reduction in the effects of climate change, with a reduction in the effects of climate change and with a view to caring for the entire planet.