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Renewable energy produced record 56% of Spain's electricity in 2024

Published by Global Banking & Finance Review

Posted on December 19, 2024

1 min read

· Last updated: January 27, 2026

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MADRID (Reuters) - Renewable energy sources such as wind and solar accounted for a record 56% of Spain's electricity production in 2024, according to estimates by power grid operator Red Electrica,

Spain Achieves Record 56% Renewable Energy in 2024

MADRID (Reuters) - Renewable energy sources such as wind and solar accounted for a record 56% of Spain's electricity production in 2024, according to estimates by power grid operator Red Electrica, published on Thursday.

The country has set ambitious targets for renewables as part of its climate and energy plan. By the end of the decade, renewables are expected to generate 81% of the country's electricity.

The 2024 figure represents an increase of six percentage points over last year, which had been the highest so far.

Preliminary figures show that wind was again the main source of total electricity generated in Spain, accounting for roughly 23% of the mix, followed by nuclear power at 19%.

After a strong growth, solar photovoltaic occupied third place, surpassing gas plants.

(Reporting by Pietro Lombardi, editing by Inti Landauro)

Key Takeaways

  • Renewables accounted for 56% of Spain's electricity in 2024.
  • Spain aims for 81% renewable energy by the decade's end.
  • Wind energy was the leading source at 23%.
  • Solar power surpassed gas plants in the energy mix.
  • Red Electrica provided the estimates.

Frequently Asked Questions

What is the main topic?
The article discusses Spain's renewable energy production reaching 56% of its electricity in 2024.
What are Spain's future renewable energy goals?
Spain aims for renewables to generate 81% of its electricity by the end of the decade.
Which energy source led Spain's electricity production?
Wind energy was the main source, contributing 23% to Spain's electricity mix.

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