subject: Spain Power Market Outlook To 2020- Aarkstore Enterprise [print this page] Summary Summary
Spain Power Market Outlook to 2020"", gives detailed information on the Spain power market and provides historical and forecast numbers for generation, capacity and consumption up to 2020. The research analyzes upcoming power projects, key import and export trends, regulatory frameworks and infrastructure for the market. This coupled with elaborate profiles of key market participants provides a comprehensive understanding of the markets competitive scenario.
Spain has the fifth largest power market in Europe (behind Germany, France, the UK and Italy) and is one of the fastest growing electricity markets in the continent. The country began liberalizing its energy sector in the late 1990s.The power market of Spain is dominated by thermal power, which accounted for 46.5% of the cumulative installed capacity in 2009. Spain has been promoting combined cycle plants in order to meet the increasing demand for power generation and to reduce carbon dioxide (CO2) emissions. Electricity demand in Spain is growing due to strong demand from the industrial and the transport sectors. Electricity consumption witnessed a decline in 2009 due to a slowdown in industrial activities following the economic recession. Nonetheless, with the global economy coming out of recession, new investments are expected to spur the demand for electricity over the forecast period. Hence, an increase in electricity generation is expected over the forecast period 2010-2020.