The consultant analyzed the current situation of the Spanish power market, along with its evolution until 2025. The analysis will be focused on the evolution of the existing power generation plants and the impact caused by the integration of substantial amounts of RE-based energy.
In this context, the consultant analyzed the evolution of the Spanish power generation sector until 2025, establishing the value of the solar thermal plants considering their characteristics of dispatchability and firm power supply.
The analysis took into consideration the technical features of the existing RE-based power units.
To carry out the market simulations, the consultant used its in-house modelling software, considering the plants’ characteristics, system losses, dispatchability as per the system’s supply curve, commissioning and decommissioning of generating units, and other relevant variables (expected hydrologic regimes, forecasted fuel prices, etc.).