Port of spain centralized energy storage policy

Does Spain need energy storage?

Spain quantified its storage needs in line with decarbonisation targets established in the 2021-2030 national energy and climate plan (NECP), which sets the share of renewables in gross final consumption of energy at 42% by the end of the decade.

How can ports reduce energy costs?

ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity. The wholesale price of energy varies every half-hour, and on a time-of-day tariff this variation is passed onto users.

How much does storage cost in Spain?

Namely, from 43 €/MWh (lower case) to 52.5 €/MWh and from 47 €/MWh (high case) to 56.5 €/MWh. This is comparable with the 67 €/MWh LCOH for the TES with retail charges. In Spain, subsidies for storage will be granted through four calls under the PERTE ERHA1 scheme.

What does a port energy company need to do?

High on the agenda for the energy company is to secure capacity for delivering the electricity needed for a port’s operations and its visitors as well as the placement and ownership of energy storage. The information interface between the different subsystems needs to be defined and the business models must be worked out.

Why is energy storage a critical port function?

Ensuring availability of these electrical resources to meet loads which are intermittent and uncertain is becoming a critical port function. It requires investment in multi-vector energy supply chains, energy storage in ports and their associated energy management systems.

Why do we need a sea port?

Reduction of greenhouse gas emission is a concern for all modes of transport. A (sea) port is a transhipment hub and thereby not only a window to the sea. Such ports are visited by multiple transport means and could provide the function of providing energy for the subsequent legs of transportation.