The Future Spanish Capacity Market

By Bamboo Energy team members Cristina Corchero, founder & CTPO, Mattia Barbero, founder & product owner, and Joan Recasens, Energy Advisor.

Bamboo Energy, August 2021.

Summary

The Spanish Ministry for Ecological Transition and the Demographic Challenge (MITECO) has published a Draft Order creating a capacity market in the Spanish electricity system.

Electricity is a commodity that is distinguished from all others by its limited storage capacity and high storage cost, which means that production and demand have to coincide at all times.