Last Updated on 08
Endesa, a leading
company in the Spanish electricity sector and the second-biggest operator in
the electricity market in Portugal, has applied to Aragon’s Department of
Industry, Competitiveness, and Business Development to build a 50 MW solar PV
plant on the site of the Andorra thermal power station, situated in Teruel
province, Spain.
The construction of 50 MW solar PV plant is the initial step
for the Future-e
Plan introduced by Endesa, which is a part of its Fair Transition
initiative. A total of USD 1550 million (1,427-million-euro) is funded as an
investment for the emission-free model to develop 1,725 MW of renewable energy capacity
as a replacement for the Andorra thermal power plant which is scheduled for
shutdown and dismantlement after June 30, 2020.
The whole target is planned in three
phases. All the stages are expected to be completed by 2026. The 50 MW
solar power plant is the first of the many projects on the Future-e plan to
replace thermal power plants with renewable power plants. This project will be constructed
in the vicinity of the Andorra power plant.
For the first two phases, Endesa has connection points. In
contrast, the third phase depends on the evacuation capacity of the Andorra
power plant, which will be allocated by the Ministry for the
Ecological Transition. To materialize this, the Fair Transition Agreement
should be signed so that CNMC (Comisión Nacional de Los
Mercados y la Competencia), the Spanish competition regulator, can approve
the decommissioning of the existing power plant. This will allow the Ministry
for the Ecological Transition and Demographic Challenge to take the required
action.
To achieve a complete decarbonized energy system by 2050,
Endesa has submitted a formal request to shut down the Andorra thermal power
plant in Teruel, and the Compostilla plant, in León at the end of Q4, 2018.
This is the Endesa strategic plan, which coincides with the national
energy goal announced by the Ministry for Ecological Transition. In the fourth
quarter of 2019, it has also approached the government to decommission thermal
power plants in Pontes (A Coruña) and Carboneras (Almería).
An action plan has submitted by Endesa called Future-e plan
to minimize the impact caused by replacing its thermal power plants with
renewable power plants. This plan is not only to
replace the thermal power plant area with the renewable plant but also to promote
the development of economic activities and creating jobs for the affected
region people.
The goal of Endesa is to decarbonize its generation mix by
2050 completely. By the end of 2022, Endesa has estimated that it will reach
10.2 GW renewable installed capacity from 7.4 GW, which was determined by the
end of 2019. The total estimated investment for the decarbonizing plan is about
USD 4.1 billion (3.8 billion euros).
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