Does Spain have a battery energy storage system?

Spain ranks second worldwide, after the United States, in the development of battery energy storage systems (BESS), according to EY’s new Infrastructure Compass 2025 report.

What is Spain's energy storage program?

For stakeholders in battery storage, thermal storage, and pumped hydro, this program offers not only financial backing but also long-term stability and political support. Spain has launched a €700 million energy storage program to support battery, thermal, and pumped hydro projects, aiming to deploy 2.5–3.5 GW of capacity.

Is Spain preparing for an unprecedented expansion in battery energy storage?

Spain is preparing for an unprecedented expansion in battery energy storage and now ranks as the world’s second-largest market for project development, behind only the United States.

How much energy does Spain have?

The report was prepared by EY-Parthenon’s Infrastructure team and published by EY Insights. Spain currently has about 7 GW of storage capacity, mostly hydroelectric. The National Energy and Climate Plan (PNIEC) targets 22.5 GW of total capacity by 2030, combining batteries, pumped hydro, and thermal storage linked to concentrated solar power.

Is Spain ready for a grid-scale storage program?

With a July 15 deadline, the program is expected to attract interest from across the continent, particularly as the European storage market gains momentum. As of early 2025, Spain has roughly 1 GWh of grid-scale storage under construction, according to industry sources.

How much grid-scale storage will Spain have in 2025?

As of early 2025, Spain has roughly 1 GWh of grid-scale storage under construction, according to industry sources. This new wave of funding could accelerate the build-out, enabling developers, integrators, and OEMs to expand their footprint in one of Europe’s most promising emerging markets.