Spain sparks fears of energy industry crisis as renewable supply exceeds demand | BBC News

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BBC News

BBC News

11 күн бұрын

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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Пікірлер: 1 200
@Bhazor
@Bhazor 10 күн бұрын
Oh nooooooo! Cheaper energy and less fossil fuels?!? How will our poor precious billionaires possibly survive this?
@DesignFIaw
@DesignFIaw 10 күн бұрын
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.
@cayesuomi
@cayesuomi 10 күн бұрын
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.
@drybokes7055
@drybokes7055 10 күн бұрын
Cheaper energy lol.
@mr80s-on6qr
@mr80s-on6qr 10 күн бұрын
Your future looks 😂😂😂😂 brainwashed 😂😂😂
@scootergrant8683
@scootergrant8683 10 күн бұрын
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.
@mikey3666
@mikey3666 10 күн бұрын
People using less energy is a good thing not a crisis
@vegasromaniac
@vegasromaniac 10 күн бұрын
Good for the planet bad for profits .. profits don't care about green .. they need consumption
@Eden_Xiii
@Eden_Xiii 10 күн бұрын
Not for the money grabbing companies!
@markmonaghan2309
@markmonaghan2309 10 күн бұрын
Well done Spain
@user-qe9bc8rk1v
@user-qe9bc8rk1v 10 күн бұрын
Nor greedy capitalists.
@user-he5hu7rv2c
@user-he5hu7rv2c 10 күн бұрын
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
@gab_gallard
@gab_gallard 10 күн бұрын
What a horrible headline. It turns the positives of the green transition into a negative.
@user-qe9bc8rk1v
@user-qe9bc8rk1v 10 күн бұрын
Evidence of who is funding the BBC
@Tabula_Rasa1
@Tabula_Rasa1 10 күн бұрын
Solar panel are made in China. Any evidence of "Overcapacity" are news to the sponsors.
@vincentkosgei7166
@vincentkosgei7166 10 күн бұрын
I don't see any problem here
@kv4648
@kv4648 10 күн бұрын
Why don't they just sell the power to Germany or something?
@mgancarzjr
@mgancarzjr 10 күн бұрын
​@@kv4648delivering electricity long distances is both difficult and expensive
@mrakronyahoo
@mrakronyahoo 10 күн бұрын
Poor Spain. Too much green energy which means cheap power for the people. Lucky the Brits don’t have this problem.
@user-fm6ns5nb4j
@user-fm6ns5nb4j 10 күн бұрын
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.
@robertbest4398
@robertbest4398 10 күн бұрын
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
@xXAbdulBaqiXx
@xXAbdulBaqiXx 10 күн бұрын
😅
@blastermanr6359
@blastermanr6359 10 күн бұрын
​@@user-fm6ns5nb4jthat's because energy consumption hits rock bottom in the morning when everyone's just getting up
@Djamonja
@Djamonja 10 күн бұрын
@@user-fm6ns5nb4j 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
@martinrobinson9061
@martinrobinson9061 10 күн бұрын
I think Spain is doing what every nation should be doing. Very proud of Spain 🇪🇸.
@scootergrant8683
@scootergrant8683 10 күн бұрын
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
@ianhamilton3113
@ianhamilton3113 10 күн бұрын
@@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.
@scootergrant8683
@scootergrant8683 10 күн бұрын
@@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.
@zanshibumi
@zanshibumi 10 күн бұрын
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".
@scootergrant8683
@scootergrant8683 10 күн бұрын
@@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.
@ninefoot9359
@ninefoot9359 10 күн бұрын
What a nightmare. Too much green energy.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Too many curtailment contracts.
@davidcolin6519
@davidcolin6519 2 күн бұрын
@@gregorymalchuk272 NO curtailkment contracts, you numbnuts.
@handlesshouldntdefaulttonames
@handlesshouldntdefaulttonames 10 күн бұрын
OH NO, WE'VE REACHED SUSTAINABILITY.
@DavidJohnson-yg8qm
@DavidJohnson-yg8qm Күн бұрын
It was supposed to be impossible,now what they're going to blame climate change on
@resimarc
@resimarc 10 күн бұрын
‘Crisis in the industry’ = rich people profiting from poor people that need electricity won’t be earning millions from it anymore 🤷‍♂️
@devanman7920
@devanman7920 8 күн бұрын
absolutely spot on
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
So private equity wind and solar millionaires?
@robinhood4640
@robinhood4640 7 күн бұрын
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.
@FoodwaysDistribution
@FoodwaysDistribution 10 күн бұрын
"crisis "!!! where? what is it? homes have electricity and they are efficient is not a crisis
@maximusasauluk7359
@maximusasauluk7359 8 күн бұрын
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.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Do you understand the concept of the "curtailment contract"?
@davidcolin6519
@davidcolin6519 2 күн бұрын
@@gregorymalchuk272 Yes, I do, and they do not exist in the Spanish renewable market, so you can F*ck right off .
@chriser555
@chriser555 10 күн бұрын
Heaven forbid consumers benefit and investors lose out 🙄
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Consumers pay higher prices due to curtailment contracting.
@davidcolin6519
@davidcolin6519 2 күн бұрын
@@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.
@jamm8284
@jamm8284 10 күн бұрын
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.
@markmercieca5569
@markmercieca5569 10 күн бұрын
The dinosaur juice producers paid in advance for this hit piece....lol. What a bunch of muppets BBC has become....
@scootergrant8683
@scootergrant8683 10 күн бұрын
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.
@ElonHusky
@ElonHusky 9 күн бұрын
​@@markmercieca5569 BP&sHell in a nutshell
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
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.
@ronaldewa
@ronaldewa 8 күн бұрын
@airingcupboard
@airingcupboard 10 күн бұрын
Plenty of capacity. Well done Spain.
@Hippo_Heli
@Hippo_Heli 10 күн бұрын
Can't they just sell it to other EU countries?
@krac3x438
@krac3x438 10 күн бұрын
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.
@CaneBTC
@CaneBTC 10 күн бұрын
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.
@MULTIMAN-MUSIC
@MULTIMAN-MUSIC 10 күн бұрын
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.
@lilpeanutish
@lilpeanutish 10 күн бұрын
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.
@user-fm6ns5nb4j
@user-fm6ns5nb4j 10 күн бұрын
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.
@matthewbowen1794
@matthewbowen1794 10 күн бұрын
Sounds like a storage problem rather than a generation problem
@pbfoley
@pbfoley 10 күн бұрын
It's a non problem. Aka a solution.
@longdang2681
@longdang2681 10 күн бұрын
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.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Why shouldn't the solar companies internalize the storage problem rather than export it to the grid? 🤔
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
​@@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.
@lucamuller6729
@lucamuller6729 6 күн бұрын
@@longdang2681na, its not
@tedforsstromjacobsson4160
@tedforsstromjacobsson4160 10 күн бұрын
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.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
The private equity solar companies are taking in profits while consumers pay high prices due to curtailment phenomenon.
@martinwinlow
@martinwinlow 6 күн бұрын
@@gregorymalchuk272 Then just install your own PV and battery storage - the cost is now *easily* affordable for anyone with a normal mortgage.
@martinwinlow
@martinwinlow 6 күн бұрын
Broadcasting Bollocks Corporation at it's finest...
@YWang-vl2zh
@YWang-vl2zh 10 күн бұрын
Alternative title: Spaniards humble brag that they have too much sun
@jkfdkjjd
@jkfdkjjd 10 күн бұрын
Way better to have it and not need it than to need it and not have it
@mcr2356
@mcr2356 10 күн бұрын
Not if your trying to expand your production.
@scootergrant8683
@scootergrant8683 10 күн бұрын
Not entirely. Grid mechanics is complex. A surplus can cause funky effects down the line for grid engineers.
@SmilingNinja
@SmilingNinja 10 күн бұрын
​@@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.
@raccoonious4038
@raccoonious4038 9 күн бұрын
@@SmilingNinja in what way do they have ability to store excess energy?
@SmilingNinja
@SmilingNinja 9 күн бұрын
@@raccoonious4038 They have pumped-storage hydro, and molten-salt heat storage at a few of their solar thermal plants.
@markmercieca5569
@markmercieca5569 10 күн бұрын
What has the BBC become....even spinning a positive move as negative. Battery Tech and bilateral EV car charging will solve all the problems.
@hiranga
@hiranga 9 күн бұрын
note the bizarre camera angles to induce anxiety! - they're insane trash! This is fantastic for Spain! THEY'RE WINNING!
@adrianbaron4994
@adrianbaron4994 9 күн бұрын
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.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Curtailment contracts aren't positive. It means you pay renewables prices for electricity you DON'T use.
@kiae-nirodiariesencore4270
@kiae-nirodiariesencore4270 8 күн бұрын
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.
@davidcolin6519
@davidcolin6519 2 күн бұрын
@@gregorymalchuk272 You don't know what you're talking about.
@damspachercomedy
@damspachercomedy 8 күн бұрын
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.
@tedcopple101
@tedcopple101 10 күн бұрын
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!
@shaun5552
@shaun5552 2 күн бұрын
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.
@stuartleslie6169
@stuartleslie6169 10 күн бұрын
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"
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
You don't understand the idea of power curtailment pricing. Electricity prices go UP under these conditions.
@adrianbaron4994
@adrianbaron4994 9 күн бұрын
I live on a Caribbean island, St. Vincent, and today I have five guys here installing a 4.95 GW solar system for my home. The installers have told me that the monopoly state - owned supplier here, VINLEC, has to certify any solar system before it can be connected to the grid. Although my roofs have the capacity for far more panels, I am limited to a maximum solar generating capacity of 5.0 GW. This is because VINLEC ( who generate electricity almost entirely using imported diesel oil from Venezuela) have cut the limit from 10.0 GW to 5.0 GW because with almost year-round sunshine, and temperatures rarely below 26C during the day, their electricity sales and so their profitability would plummet if domestic and corporate systems produced 10.0 GW and as they are the unofficial cash cow for the government, this isn't acceptable. Insane.
@gurriato
@gurriato 6 күн бұрын
All the solar plants in Spain combined produce around 25 GW, but you have 5 guys installing 5 GW in your home?
@ppuh6tfrz646
@ppuh6tfrz646 3 күн бұрын
Burger joint employees moonlighting as solar panel installers. I admire their enterprising attitude.
@ppuh6tfrz646
@ppuh6tfrz646 3 күн бұрын
@@gurriato When dealing with that much power, I would want the installers to be the best in the business not employees from the local burger joint.
@ziptink1710
@ziptink1710 10 күн бұрын
The absolute absurdity of this title… The absolute absurdity of our economic system…
@globalwillh
@globalwillh 10 күн бұрын
“However despite the successful move towards green energy sources, electricity consumption has been dropping.” What?! Crisis?! Isn’t this the point of green energy?!
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Not when it's by demand destruction.
@bartvanhoof6278
@bartvanhoof6278 8 күн бұрын
@@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.
@joseantoniodepilares6509
@joseantoniodepilares6509 7 күн бұрын
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.
@blackmage4100
@blackmage4100 10 күн бұрын
The headline is rubbish. Too much energy? Lower the prices for consumers to increase demand!!
@edc1569
@edc1569 8 күн бұрын
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?
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
None of you understand curtailment power pricing. You pay MORE under these high supply/low demand conditions.
@blackmage4100
@blackmage4100 8 күн бұрын
@@gregorymalchuk272 You might want to read up on what is monopoly pricing and effect of energy markets.
@tylersculpts
@tylersculpts 10 күн бұрын
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.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Liberals claim we can't do that because of brine. I guess they've never heard of brine outfalls.
@chrisvalford
@chrisvalford 8 күн бұрын
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.
@jaaklucas1329
@jaaklucas1329 4 күн бұрын
@@chrisvalford Indeed they have a desalination plant and their reservoirs in the mountains are not keeping up.
@rogerstarkey5390
@rogerstarkey5390 3 сағат бұрын
AND Grow produce in the shade UNDER the panels!
@jim23mac
@jim23mac 9 күн бұрын
How on Earth did the BBC get this so wrong?
@GIBBO4182
@GIBBO4182 10 күн бұрын
Good! More supply than demand should mean lower prices for us!
@stojanhansen3782
@stojanhansen3782 10 күн бұрын
Oh no we have too much clean energy! That’s a good problem to have. We need to adjust our grids to accommodate renewables and shift our grids accordingly and we will be fine
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
"We just need to pay a trillion dollars to make the Rube Goldberg machine pretend to work."
@tashaware6819
@tashaware6819 10 күн бұрын
Not enough profit for someone 😂
@andymcdonald8922
@andymcdonald8922 10 күн бұрын
Im failing to see the crisis... 🤔
@ruesmale6940
@ruesmale6940 10 күн бұрын
Oh dear poor energy companies. My heart bleeds for them.
@thomHD
@thomHD 10 күн бұрын
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.
@Just_another_Euro_dude
@Just_another_Euro_dude 10 күн бұрын
Or DW! The biggest negative propaganda channel regarding EU i ever seen.
@asadmalik2464
@asadmalik2464 10 күн бұрын
Just export the energy to other countries
@mcr2356
@mcr2356 10 күн бұрын
I don't think it's as easy as that.
@andrewsmith3613
@andrewsmith3613 10 күн бұрын
It is difficult to store and transfer energy generated by wind and solar.
@cyberfunk3793
@cyberfunk3793 10 күн бұрын
​@@andrewsmith3613battery tech is improving and will probably solve that issue in the future. All kinds of new innovations like some wood pulp based batteries from Finland etc.
@alexanderdeburdegala4609
@alexanderdeburdegala4609 10 күн бұрын
@@andrewsmith3613 not true, it's not harder than storing and transferring electricity generated in any fashion.
@user-fm6ns5nb4j
@user-fm6ns5nb4j 10 күн бұрын
@@andrewsmith3613 It's no more difficult to store than any other electricity. The main problem Spain has is that it has insufficient inter-connectors to France and hasn't built out the infrastructure (UHDC cables) to transport the electricity from where it's generated. This is true for much of the infrastructure within the country - they are way behind France and Germany in installing EV charging points, for instance. And if you leave the urban areas the grid is creaking with age. The previous PP government was in the pocket of Endesa and Iberdrola (both routinely supplied sinecure jobs to PP ministers upon retirement) and actively discouraged green energy - that's why the chap interviewed mentioned the sea change once the PSOE came to power.
@johnbridger5629
@johnbridger5629 10 күн бұрын
I cannot see a real problem here. There is a Spain - France interlink which could be added to so the Spanish could export more electricity if they have a surplus. This sounds like another of the 'scare story' news items so beloved of the mainstream media. Shows how far the BBC have fallen. I would be far more impressed by a story on the opportunities this increase in renewables brings.
@flannel2699
@flannel2699 9 күн бұрын
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!
@anthonymcgowan3398
@anthonymcgowan3398 10 күн бұрын
Every penny not going to the oil giants is a win.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Because all the money is going to solar private equity.
@joshbarkley4403
@joshbarkley4403 10 күн бұрын
oh no, not cheap energy, how will the energy ceo buy their 5th mansion now :(
@cameronf3343
@cameronf3343 9 күн бұрын
2:07 “while good for consumers-“ shut up after that, you’ve said everything necessary.
@kennethclasen2175
@kennethclasen2175 9 күн бұрын
As someone who studies sustainability, this is essentially the goal of the Paris Accords and ambitious green policy programs. Use energy more efficiently while making it cheaper for consumers. Only people worried are utilities that have to maintain infrastructure without the revenues from an increase in the demand. Probably need some modern infrastructure improvements but this should be celebrated.
@Redmist.65
@Redmist.65 10 күн бұрын
Energy storage is the issue now with Spain. Sand heat storage would be a great solution for these applications.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
Why not make the wind and solar companies internalize the cost of storage rather than export it onto the grid, destabilizing it?
@coreyhunt
@coreyhunt 10 күн бұрын
The tone and the headline for this story was like it was written by power producers.
@maxstockdale7328
@maxstockdale7328 10 күн бұрын
Really scraping the barrel to find ways to make renewable energy look bad.
@raulrivera960
@raulrivera960 10 күн бұрын
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.
@portalkey5283
@portalkey5283 10 күн бұрын
What a misleading title
@kurtzwar729
@kurtzwar729 10 күн бұрын
Use any "surplus" electricity to produce green hydrogen. Germany is doing this in Mauritania. H2 can be used for cars, ships, business with no CO2 produced. Bravo Spain,
@rogerstarkey5390
@rogerstarkey5390 3 сағат бұрын
No such thing as "green" Hydrogen. All it does is throw away 70% of the excess energy. It's a VERY inefficient "storage medium' (AKA "BATTERY). .
@jmurphy69420
@jmurphy69420 9 күн бұрын
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
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
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.
@gfooo6112
@gfooo6112 9 күн бұрын
Hydrogen! Store the excess energy as green hydrogen. This can be charged for or exported as required.
@17addidas
@17addidas 9 күн бұрын
Not mentioned.. is exporting electricity to neighb. Countries. France often sends x grid excess electricity from nuclear to its neighbours
@glyndavies5479
@glyndavies5479 10 күн бұрын
Why is this a problem?
@bg2244
@bg2244 9 күн бұрын
If companies do not have a return on investment, it is bankruptcy; companies have planned consumption and a market price, if the reality is lower, it means less money coming in.
@maxkick7656
@maxkick7656 9 күн бұрын
Less energy consumption? GREAT!!
@Intentspunk19
@Intentspunk19 10 күн бұрын
Insane that this is a problem.
@joseantoniodepilares6509
@joseantoniodepilares6509 7 күн бұрын
Spaniard here. I installed solar panels in my home back in 2021. My average yearly consumption 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. When you add up the numbers of national consumption, yes, it has gone down. But that is because of a change in how energy is generated and consumed; and measured. The next step is going to be installing micro wind turbines at home, that's bound to half my 2020 numbers.
@leehyunsong7001
@leehyunsong7001 10 күн бұрын
I dont understand , what crisis here? Except cheaper energy. Hurting the investors wallet?
@lucas.davila
@lucas.davila 10 күн бұрын
We have an environment crisis, having more renewable energy than needed, isn’t a crisis! Spain can sell that exceeding energy to other countries in Europe, if it is not using it all.
@crimsonsunbear5732
@crimsonsunbear5732 10 күн бұрын
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...
@Just_another_Euro_dude
@Just_another_Euro_dude 10 күн бұрын
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.
@gregorymalchuk272
@gregorymalchuk272 8 күн бұрын
​​@@Just_another_Euro_dudeWhat is the electricity cost per kWh? And how does your country generate electricity?
@amolghimire5776
@amolghimire5776 10 күн бұрын
Not everything has to be viewed through lenses of economy.
@SlavTiger
@SlavTiger 8 күн бұрын
And even then it can be stored as hydrogen via hydrolysis and sold to other nations
@tedforsstromjacobsson4160
@tedforsstromjacobsson4160 8 күн бұрын
Agreed! But I’m pretty sure we mean *capitalist economy.
@soothsayer5743
@soothsayer5743 10 күн бұрын
In South Africa during the day we reportedly use excess electricity to “recharge” our pumped storage capacity that we use for peak demand times in the evening when there is no solar electricity.
@joelboy19
@joelboy19 10 күн бұрын
This is beyond ridiculous, testament to where we are as a nation.
@Robotron5000Deluxe
@Robotron5000Deluxe 10 күн бұрын
It's only a crisis for the energy company shareholders and the millionaire CEO's. It's great for ordinary people, it will drive prices down.
@docwatson1134
@docwatson1134 10 күн бұрын
The only actual "problem" here is logistics. Getting all large energy consumers to schedule peak use during times of peak supply. Creating storage to move midafternoon power into evenings. And enhancements to the grid to let power be sent where it is needed most, to help balance loads and supply. It's humans planning ahead, finding financing, and working together. That is the real challenge.
@bumpkinbumpkin6913
@bumpkinbumpkin6913 5 күн бұрын
They could run Bitcoin miners when they have excess.
@phunanon
@phunanon 10 күн бұрын
"On the sun soaked plains of central Spain solar farms are a common sight" Good alliteration :)
@AdrianNelson1507
@AdrianNelson1507 9 күн бұрын
Why is oversupply a crisis? Legit question
@williammccormick2894
@williammccormick2894 10 күн бұрын
Oh no it's a minor inconvenience for rich investors! We have to do something!
@julianshepherd2038
@julianshepherd2038 10 күн бұрын
Connect it to the European grid and sell it to the Germans
@TheBHAitken
@TheBHAitken 10 күн бұрын
So?
@TheGuggo
@TheGuggo 9 күн бұрын
It’s hard for me to understand what exactly the crisis is. Maybe BBC had to fill 4 minutes of broadcasting with something and that’s what they came up with.
@sslaia
@sslaia 10 күн бұрын
"low energy prices could deter investment" This makes me laugh. High energy prices are bad for business but according to BBC low enegery prices are bad for business.
@bingxilao9086
@bingxilao9086 4 күн бұрын
low energy prices are bad for investment in generation projects, especially if it's wind-solar projects which will be trying to sell power at the same time as the other wind-solar.
@clivepereira123
@clivepereira123 9 күн бұрын
lol is this headline a joke
@souravjaiswal-jr4bj
@souravjaiswal-jr4bj 10 күн бұрын
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.
@jacmar44
@jacmar44 10 күн бұрын
I'm massively for the idea of feeding periodic renewable excess generation into hydrolysis for green hydrogen and then into synthetic fuels.
@Makes_me_wonder
@Makes_me_wonder 8 күн бұрын
What is bad for big corporations is almost always good for everyone else.
@RealUlrichLeland
@RealUlrichLeland 10 күн бұрын
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.
@steveb796
@steveb796 23 сағат бұрын
The price of wind and sun can’t be manipulated by opec.
@mattwarner8273
@mattwarner8273 16 сағат бұрын
Been happening in Australia where wholesale electricity prices often go negative. Energy retailers have responded and introduced plans where electricity is free between 11am and 2pm. So you then smash your AC, dishwasher, washing machine and EV between those times. Next step is household battery take up.
@user-sd3ik9rt6d
@user-sd3ik9rt6d Күн бұрын
Fear, is that all you have. It's not a crisis, it's an opportunity.
@086guti
@086guti 8 күн бұрын
They should talk also about the previous government, that was 'taxing' the sun! To prevent people going for greener energy
@chrisvalford
@chrisvalford 8 күн бұрын
Yes, I couldn't believe they were taxing storage batteries until recently. It was a shame as a lot of European countries lost out on the Solar revolution by protecting their fossil fuel suppliers.
@cherray50
@cherray50 9 күн бұрын
We and the planet are dying and this piece is concerned about profits of corporations?!!?!?
@bluturtles4205
@bluturtles4205 10 күн бұрын
This is not a crisis! This is a good thing ! We should all be looking at renewable energy, becoming more energy efficient, GREENER! A healthier planet is a happy planet!
@willienelsongonzalez4609
@willienelsongonzalez4609 9 күн бұрын
That excess energy can be sold to other nearby countries. The energy companies know this but don’t like “sharing” excess energy.
@VIVABELLAVIVAHERMANO
@VIVABELLAVIVAHERMANO 8 күн бұрын
Can they not sell their electricity abroad?
@Likeitorlumpit
@Likeitorlumpit 5 күн бұрын
Did I miss something? Isn’t that the whole point of using renewable energy to come off fossil fuels 🤔
@mattdawson3017
@mattdawson3017 9 күн бұрын
Why has this report acting like this is a bad thing, this is exactly what we need to be doing to bring down bills and provide clean energy. Well done Spain.
@denism66
@denism66 9 күн бұрын
Surely they could use the surplus to produce hydrogen as a form of energy storage
@skrich9690
@skrich9690 10 күн бұрын
If today was 1st April I'd call this a clever bit of satire......
@stopthatluca
@stopthatluca Күн бұрын
Green!!? Solar and wind are about as green as my cat litter.
@DangerAngelous
@DangerAngelous 8 күн бұрын
So the problem is there is more renewable energy than can be used in Spain? How about just send the excess to the next country along? Why is this considered a problem???
@seanek9
@seanek9 8 күн бұрын
So in reality personal energy generation at home is so good in Spain big companies are loosing money. The horror!
@farhazpatel929
@farhazpatel929 10 күн бұрын
Use the excess energy to create green hydrogen - turn it into a major producer for green hydrogen which could become the fuel of the future.
@user-gw3hq4mb7m
@user-gw3hq4mb7m 8 күн бұрын
some of the best news we’ve heard in decades and you’re calling it a crisis ?
@apex9806
@apex9806 9 күн бұрын
Same problem in Pakistan. Government decided to put a tax on Solar, so much so that's it not worth making renewable energy anymore.
@Avatar_2025
@Avatar_2025 10 күн бұрын
Good, let power stations using non renewable be shut down or be on standby.
@akbarali-fh4rb
@akbarali-fh4rb 10 күн бұрын
I was think BBC will blame Chains overcapacity.
@bbudding
@bbudding 21 сағат бұрын
I still don't see what the issue is here..
@tomwhite7983
@tomwhite7983 10 күн бұрын
Surely for the Industry, you just start... exporting?
@SK-lt1so
@SK-lt1so 10 күн бұрын
They raise subsidies, which raises consumer rates, which causes drop in usage. "Know it all" politicians at their best.
@robertpatrick3350
@robertpatrick3350 10 күн бұрын
This is not a renewables problem it’s an issue relating of adaptation as industries and markets fail to keep pace
@FazzWM
@FazzWM Күн бұрын
So they’re doing what we’re all told needs to happen and it’s a bad thing now?
@davidjenkins2011
@davidjenkins2011 8 күн бұрын
Well this is the most confusing thing I've watched in a while. The country uses less energy and the energy its using is more efficient as well as clean and this sparks a 'crisis' ? WTAF
@paulcope9819
@paulcope9819 Күн бұрын
What a ridiculous news clip. That's brilliant that Spain is expanding their renewables and becoming more efficient. They can export the surplus to Morocco, Portugal and France and we can then import more electricity than we currently do from France for our very high electricity demand in the UK.
@gabz91110
@gabz91110 8 күн бұрын
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?
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