Share of renewable electricity in Spain 2008-2024
From 2008 to 2024, the share of renewable sources in electricity generation in Spain climbed from 20.5 percent to 56.8 percent. In 2023, the share of renewable generation surpassed that of non-renewables for the first time. This milestone reflects the country's commitment to clean energy and its progress toward climate neutrality. The surge in renewable energy production, particularly from wind and solar sources, has transformed Spain's energy landscape over the past decade. By 2030, the country plans to reach a renewable generation share of at least 81 percent.
Wind and solar driving renewable growth
Wind energy is the primary renewable energy source in Spain, accounting for more than 40 percent of the country’s renewable electricity production in 2024. Major players like Iberdrola, with over six gigawatts of installed wind power capacity, are contributing to the growth of wind energy. Nevertheless, solar photovoltaic energy is currently the renewable source experiencing the fastest expansion in Spain, with utility-scale capacity increasing sevenfold between 2018 and 2024.
Solar energy's rapid expansion
The rapid expansion of solar photovoltaics can be seen in its share of the total electricity generation, which grew from only three percent in 2018 to about 17 percent in 2024. The growth of solar PV extends to the self-consumption segment. In 2023, there were roughly seven gigawatts of installed solar capacity for self-consumption in Spain, an increase of 1.7 gigawatts from the previous year.