According to GlobalData, thermal power accounted for 33% of Spain’s total installed power generation capacity and 32% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Spain Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.

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Installed capacity is forecast to decrease from 2022 to 2035, at which point thermal power is expected to account for 17% of total installed generation capacity. Coal capacity declined during 2010 to 2021 at a CAGR of 9.43%. The country plans to decommission its existing coal capacity by 2030.

For more detailed analysis of the thermal power sector in Spain, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Power Plants database provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its macro indicators database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.