electricity

The Canary Islands have just turned on the first platform that generates electricity by “boiling” the ocean

by

They have been promising us for decades that the ocean would be the battery of the future. The difference now is that someone has finally plugged in the cable. The British company Global OTEC has installed in the waters of the Canary Islands the world’s first floating platform capable of extracting energy directly from the heat of the sea. It is not a concept. It is not a simulation. It is there, in the Atlantic, working. The end of intermittency. Unlike wind or solar energy, which are dependent on weather conditions, the ocean offers a constant and reliable source 24 hours a day. It’s what experts call “base load power.” Until now, Ocean Thermal Energy Conversion (OTEC) technology had been tested in terrestrial environments. Until now, the main obstacle to bringing this technology to a full scale was infrastructure. The terrestrial prototypes needed huge pipes to pump cold water from the depths to the coast: kilometers of installation, exorbitant costs. For this reason, Global OTEC’s commitment has been to move the platform directly to the sea, eliminating that route. The result: 80% less pipe. And a model that, for the first time, seems truly scalable. A closed circuit that “recycles” the liquid. The system literally takes advantage of the temperature difference that exists between the surface of the sea and its dark depths. The mechanism is an extremely ingenious closed circuit: Evaporation: The warm water on the surface heats a special liquid that, due to its chemical characteristics, boils quickly. Generation: When boiling, this liquid is transformed into steam, which pushes a turbine that, when rotating, generates electricity. Cycle recycling: For the system to never stop, the vapor needs to return to its liquid state. This is where the newly installed deep pipeline comes into play, sucking in very cold water from the deep sea to cool the vapor and restart the cycle. In addition to generating energy completely free of carbon emissions, the installation takes up little space and is silent. It even offers an invaluable additional benefit to island ecosystems: freshwater desalination. An ecological lifesaver. The project was not born thinking about feeding large continental electrical networks. Its objective is more concrete and, in some ways, more urgent. The European consortium PLOTEC, which finances this development, is targeting Small Island Developing States, the so-called SIDS. These are regions that today depend on polluting and expensive diesel generators, and that also fit squarely in the hurricane belt. That is why the platform has been specifically designed to withstand extreme tropical storms. The Canary Islands, the great laboratory of Europe. That this world milestone has occurred in Spain is no coincidence. The platform has been installed on the Canary Islands Ocean Platform (PLOCAN). As explained by Ministry of Science, Innovation and Universitiesit is an infrastructure managed by a consortium financed in equal parts by the State and the Government of the Canary Islands. This enclave has become a true focus of international technological attraction. According to a statement from PLOCANits waters not only host thermal projects, but at the end of 2026 they will also host the European WHEEL project, led by the Spanish engineering company ESTEYCO. This floating offshore wind energy demonstrator reinforces the role of the Canary Islands as a strategic enclave and positions the region as one of the main European poles for the development and validation of technologies. offshore. Next stop: the commercial jump. With the ocean platform already installed and technical validation underway in the Atlantic, the horizon for this technology seems clear. “This is the moment when OTEC technology moves away from controlled environments and into the real world,” says Dan Grech, founder and CEO of Global OTEC. Its next objective is to install the first commercial energy module in Hawaii, an island market with all the conditions that this technology needs. The company estimates that there are more than 25 GW of diesel capacity on tropical islands that could be candidates for this transition. Although it is important not to lose sight of the fact that going from prototype to commercial scale has historically been the valley of death for many promising energy technologies. The learning curve that Grech compares to that of solar or wind took decades to lower costs to competitive levels. That being said, the platform is in the water. And that, in this sector, is already a lot. Image | Global OTEC Xataka | Every year millions of birds die because of wind turbines. The solution: paint them like poisonous snakes

list with the eight that use the most electricity and their average quantities

by

Let’s tell you What are the appliances that consume the most? in your home, so that you can keep it in mind and thus be able to use them with caution. Because we have examples like how your oven can spend about 65 refrigerators running at the same time, and they are things that are worth knowing. Of course, you should know that although they are appliances that consume a lot of power, they do it in a timely manner. They are not appliances that you will always have on, although that is precisely why it is advisable to know this consumption for those moments when we may be thinking about whether to use them or not. Appliances that consume the most at home Here you have the list made with different calculations of the Institute for Energy Diversification and Saving (IDAE)in addition to energy marketing companies such as Repsol either Naturgy. You must know that They are hourly consumption rangeswhat they consume every hour that you have them on. In addition, you should also know that the consumption range may vary depending on the appliance. Because this is the average, but then other factors such as the age of the device, its efficiency or its features can cause its consumption to vary significantly. In any case, here is the list: Ovens: between 2,000-3,000 watts Vitroceramics and induction hobs: between 1,500-6,500 watts Electric radiators: between 1,500-2,500 watts clothes irons: between 1,500-3,500 watts Electric thermoses: between 1,500-2,500 watts hair dryers: between 1,500-2,000 watts Cooking plates: between 1,500-2,000 watts Electric fryers: between 1,500-2,500 watts To give you context, a refrigerator with a high efficiency model can consume between 100 and 300 kWh per yearalthough other older or inefficient models may exceed 600kWh. Come on, they’re in something like between 30 and 90 watts per hour. Although in the long run this may cause it to consume more than others, it is advisable to take into account the consumption of other appliances that are not always on, so that you can better calculate when to use them depending on the rates you have contracted and their schedules.

This is the Basque project that wants to convert waves into cheap electricity

by

On May 12, a 42-meter steel buoy was towed from the Bilbao estuary to the open sea off Armintza. It is not the first time he has made that trip. It already did it in 2016, endured three winters with waves of up to 14 meters, generated electricity and returned to port with something equally valuable: data. Now it comes back improved. The Basque firm IDOM has released the Marmok A-5 again in the Cantabrian Sea, and this time he knows exactly what he has to prove. It’s not just another test. The promise of wave energy is not small. As he explains to the magazine Renewable Energies IDOM wave engineer, Patxi Etxaniz: “The amount of resources available worldwide is brutal; if we are able to obtain that energy in an economically profitable way, we have solved the global energy problem.” The problem, until now, has always been the same: extract it without ruining yourself in the attempt. The race to achieve this is fought by just a dozen or fifteen actors around the world: the Swedish CorPower, several Scottish engineering companies, companies from France, Wales, Finland and Italy, and Asian actors from Korea, China and Japan who, in the words of Etxaniz, “do not publish anything, they are very discreet.” IDOM is already in that group. The Cantabrian piston. The Marmok is, in essence, a buoy with a cylinder of water inside. As detailed Europe Wavewhen a wave arrives, that column of water rises and falls like a piston, compressing and expanding the air in an upper chamber. In this way, this air flow moves a turbine that generates electricity and, finally, an underwater cable takes it to land. The technology is called OWC – oscillating water column – and the new Marmok has improved it on three fronts, according to BiMEP: new turbine with controllable blades, intelligent control system with onboard batteries, and radically simplified anchoring. This latest change was born directly from one of the most costly and dangerous problems of the first campaign. As Etxaniz explained: “The anchorage we had worked well, but we needed a lot of divers, and they are expensive, and their work is dangerous: underwater, with ropes with a lot of tension, one of them whips you and you can have a serious problem.” Problem detected, problem solved. In this new campaign, in addition, the Marmok will connect to the grid for the first time through the HarshLab platform, a floating laboratory integrated into the BiMEP infrastructure, which will allow both to evacuate the energy generated and to monitor the behavior of the system in real time. Twelve years of work. The Marmok did not appear overnight. Its first models were tested at the El Pardo Hydrodynamic Experience Center in 2012. From there they went to the Tecnalia laboratories, then to the BiMEP offshore facilities in Mutriku, and finally to the open sea in October 2016, where it became the first wave energy converter connected to the electrical grid in Spain and one of the first in the world. Behind that journey was the team from the Basque company Oceantec. IDOM saw the potential, hired them en bloc and integrated them into its structure. More than a decade of work, financing from the Basque Energy Agency and support from the European innovation program EuropeWave later, what began as a laboratory prototype is today, according to BiMEPa device ready to advance towards pre-commercial phases. As Borja de Miguel, project manager at IDOM, summarizes: in statements collected by Europe Wave: “Achieving secure installation and grid connection at BiMEP is a key step in bringing wave energy closer to commercial reality.” What’s coming Over the next few months, the team will verify the performance of the new systems and progressively increase operations. The data collected by this campaign will serve two purposes: demonstrate results to EuropeWave and decide what the next phase of development will look like. The objective is not academic. It means lowering costs until a Cantabrian wave can compete, in price, with any other energy source. There is no date for that yet. “It will depend on the investment,” says Etxaniz. But the window exists, the group of applicants is small, and Basque engineering has been learning to read the sea for more than ten years. The Marmok already knows how to survive three stormy winters. Now you have to learn how to do it cheaply. Image | EuropeWave Xataka | For years, wave energy was the ugly duckling of renewables. AI and data centers have taken a turn

VAT on electricity returns to 21%

by

VAT on electricity and gas returns to 21% as of June 1. That’s the news of the day, and before you put your hands on your head thinking about your next bill, breathe, because there is a lot of fabric to cut here. You’re probably wondering: why is this happening? If we have been hearing for months that we have a “renewable shield” that protects us from the global energy crisis, what the hell has happened to give us back the fiscal axe? The short answer is that the system has worked so well that, paradoxically, it has taken away our aid. Spain is facing a strange energy and economic paradox: the good health of our generation system and the moderation of inflation have caused the defense mechanism designed by the Government to blow up. The result is bittersweet and frustrating for the average consumer: we generate the cheapest energy in Europe, but the tax burden on your next bill will return to pre-crisis normality. The CPI trap. The Government has not removed the aid because of a last-minute whim, but because the law itself required it to be done. The anti-crisis decree had a catch or “kill clause”: stated that, if energy prices stopped skyrocketing and did not rise more than 15% compared to April of the previous year, the tax reductions would be automatically canceled in June. And that is exactly what has happened. Data from the National Institute of Statistics (INE) show that the shield has worked. General inflation has slowed to 3.2%. The person largely responsible for this relief? The cheaper energy in our homes: electricity has fallen by 4.3% and gas by 9.6% compared to last year. As prices have shown these negative rates, far from exceeding that legal limit of 15%, the rule has fulfilled its threat. The system has made our energy so cheap that, by law, we lose the exceptional 0.5% bonus on the special tax on electricity and we have to pay VAT on electricity and gas again at 21%. But will the “renewable shield” be of any use? The Ministry of Economy sticks out its chest and celebrates that the moderation of prices demonstrates the capacity of the “renewable shield” and confirms that the Spanish system can absorb external shocks such as the war in Iran. In fact, Spain is resisting much better than its neighbors because the share of clean energy in our generation mix already exceeds 60%. Unlike countries like Italy or Germany, which depend heavily on the gray fringe of fossil generation, Spain’s massive wind and solar deployment sinks wholesale prices during the day. We have even seen historical milestones where the wholesale market has set negative prices of up to -10 euros per megawatt hour (MWh). However, why don’t we notice this renewable miracle on the bill? The wholesale cost of energy represents only 41% of an average household bill. The rest of the amount they swallow it network tolls (23%), VAT (17%), system charges (10%) and commercial margins. Cheap wholesale electricity is necessary, but insufficient if tolls and taxes continue to suffocate the final bill. Be careful when you go to get gas. The INE details that “fuels and lubricants for personal vehicles” They experienced a year-on-year increase in prices of more than 15% (15.5%), dragged down by a huge inflation of 28.2% in diesel. By exceeding the legal threshold of 15%, gasoline will maintain its 10% VAT reduction and aid for professional diesel, at least until June 30. The danger of summer. The withdrawal of part of the light tax shield will be immediately noticeable. According to the calculations of Francisco Valverde, expert analyst in the electricity market in statements for The Newspaperthe return to normal taxes will mean a bill increase of around 15% for all consumers in June. For an average customer, this will imply an additional payment of between 8 and 9 euros, while for gas the upward impact will be between 9% and 10%. But the horizon hides a greater challenge: summer. The analyst Antonio Aceituno warns that our current “hydraulic shield” will begin to give way. With heat waves, solar panels lose efficiency, the use of air conditioning increases demand and expensive gas combined cycles will have to be turned on to avoid blackouts. If the conflict in the Middle East persists, forecasts suggest that the wholesale bill could jump above 100 euros per MWh in June, reaching around 120 euros in the middle of summer. The cracks that no one wants to see. To understand why the renewable miracle does not end up sticking in your pocket, you have to look at the structural flaws that experts denounce: An inelastic and “passive” demand: Joaquín Coronado highlights a huge dysfunction in our market. When electricity reaches ridiculous prices of €0.51/MWh, Spanish consumers do not react by consuming more to take advantage of the bargain. By not using that cheap energy, it ends up being exported by French and Portuguese agents, which paradoxically drags our prices up through European coupling. “All against all” in the sector: According to Coronadothe actors in the Spanish electricity sector are immersed in an internal war, blaming each other and resenting cooperation. The expert suggests that Spain should rethink its institutional architecture, looking to the United Kingdom, where a system operator has been created (National Energy System Operator) with operational independence to separate network planning from asset ownership. The “night fissure”: The transition is incomplete. As evening falls, solar energy disappears and we depend on gas again. Without investments in mass storage systems and batteries to store the day’s excess megawatts, we will continue to be hostage to volatility every time the sun sets. The hidden price of the miracle. The Government’s response plan fulfilled its main objective: to cushion the war and save household purchasing power. We have managed to decouple our system from the worst international gas whims and avoided fuel inflation that would be close to 28.9% without aid. But June … Read more

The biggest problem with living on the Moon is its nights. NASA believes it has found the solution to avoid running out of electricity

by

If we want to build bases on the Moon or on Mars, we must work on the development of technologies that make the lives of lunar colonists easier. For example, it is important to think about ways to obtain energy. In the case of Mars, there are already scientists working on methods to obtain electricity using carbon dioxide from your atmosphere. But the ideal would be to be able to use batteries. They would have to be rechargeable batteries, since there are no containers for batteries on the Moon (on Earth there are, throw them away where they belong). The problem is that lunar nights are very long, so solar energy cannot be used to obtain electricity to recharge them. Therefore, NASA scientists they are already working in rechargeable batteries that generate and store energy in a very original way. Only two ingredients. The battery in question, called a regenerative fuel cell, contains hydrogen and oxygen gases, which combine to give rise to water. In this reaction, heat and electricity are generated, which can be used to supply the devices necessary for astronauts’ daily lives. Once no more energy is needed, the water molecules break down, giving rise to hydrogen and oxygen, which are saved for when it is necessary to start again. Thus, the fuel is not wasted. It regenerates. Big as a human being. Let’s not think about small batteries like the ones we use at home. Not even in batteries like those in a car. This regenerative fuel cell is much larger. It is practically the height of a human being and the length of a sedan car. First tests. In 2025, the basic components were tested to verify that the previous design technology was viable. Right now NASA scientists are doing more advanced tests, with the aim of analyzing whether the fuel regenerates properly. In a test cell, the system can be operated remotely. Furthermore, once the test has started, it can continue autonomously, without intervention from the researchers. Learnings. Everything is expected to go well in the tests. But, in any case, there will be learnings that serve to perfect the device. After five years of development, the prototype has advanced a lot, but these types of experiments are what really help to perfect a technology of this caliber. Heading to the Moon. Once the tests are completed, the goal is to repeat them in an environment that simulates lunar conditions. Theoretically, the battery is designed to withstand the extreme temperatures of the Moon, even on its cold two-week Earth nights. If all goes well, the technology would be ready to be used. in the Artemis program. This is the objective with which this battery of 270 sensors and 1,000 components was designed. There will be time to think about Mars. At the moment, the closest target on the horizon is our satellite. We need energy to stay on its surface. Image | NASA/Magnific In Xataka | We have not yet colonized the Moon and we have already filled it with garbage: there are even abandoned golf balls

Microsoft wanted to create a mega data center in Kenya. To function, half the country had to live without electricity

by

In May 2024 Microsoft announced what seemed like a historic agreement for Kenya’s technological development. The goal: create a gigantic data center that would be powered by geothermal energy. This center was going to be created in the Olkaria region, but the Kenyan president, William Ruto, has been blunt with Microsoft’s energy claims: to power the total requested 1 GW capacity, the country “would have to shut down half the nation.” too fair. Kenya has an electrical capacity installed capacity of between 3 and 3.2 GW, with peak demand that already reaches 2.44 GW. Microsoft’s project would consume approximately a third of the country’s total capacity. Even the first phase, which requires a capacity of 100 MW, would take a huge bite out of the production of the Olkaria geothermal complex, which generates about 950 GW in total. Kenya seems to be clear that sacrificing domestic consumption was not worth it when most of the project’s profitability will end up in the hands of a large foreign technology company. Financial disagreement. In addition to the energy problems, the negotiations have ended up getting stuck in the economic field. According to sources close to the process cited in BloombergMicrosoft and the investment firm G42 have reportedly asked the Kenyan government for a financial commitment. Specifically, payment for a certain amount of capacity each year, something with which the Kenyan leaders did not fully agree. The project has not been canceled. John Tanui, head of Kenya’s Ministry of Information, explained that his country is still in negotiations with Microsoft and G42, and that the agreement “has not failed or been abandoned. The scale of the data center they needed requires some structuring,” and that includes solving both the energy and economic problems. A project with a lot of geopolitics behind it. This project was not only a technological milestone for Microsoft and Africa, but also a diplomatic one. It is part of a $1.5 billion deal between Microsoft and Abu Dhabi-based G42, which was designed to counter potential deals on this continent with China. In fact, as a condition for the G42 agreement had to divest its Chinese assets and remove Huawei equipment from their systems. While the project is on hold, however, the Chinese company continues to expand in this region and has recently launched new broadband services over fiber with the largest Kenyan operator, Safaricom. Bottlenecks everywhere. The case of Kenya is not the only one that is stopping Microsoft’s plans. The company has announced a capex of 190 billion dollars by 2026 that will be invested in data centers, and the company is adding approximately 1 GW of computing capacity each quarter globally. However, about half of the data centers planned in the US this year have been canceled or delayed due to the shortage of electrical infrastructure. Image | Microsoft In Xataka | In 2024, Big Tech spent absurd amounts of money on AI. In 2025, they managed to spend 77% more

Germany is the European mecca of the combustion car. That Spain becomes the electricity supplier goes through Mérida and 800 million Chinese

by

Hunan Yuneng International Spain New Energy Battery Material SLU already has its excavator blades in Mérida. The Chinese battery manufacturing company You already have the land and have obtained the building license from the town hall, so the preparation work on the ground has already been visible for a few days. The speed with which one of the strategic electric car factories is materializing is scandalous: in February we were talking of environmental approval and be careful because it is expected that be operational at the end of the year. That Hunan Yuneng has achieved it in such a short time says a lot about both parties involved. The factory is going from strength to strength. The plant will produce cathode materials for cells LFP batteriesmore specifically lithium iron phosphate, a technology that is emerging due to its lower cost, greater durability and better thermal resistance. As collects Badajoz Newsthis project involves an investment of close to 800 million, will have a productive capacity of up to 300,000 tons per year and will directly generate 500 jobs. According to MotorpasiónIn this first phase there will be an initial investment of about 116–125 million euros of investment and about 160 direct jobs. One of the most revealing developments about the real status of the project is the appearance of an auxiliary satellite industry: the Chinese company Jinhong Gas has constituted formally in Mérida the company ‘Jinhong Gas (Spain) SL’ to directly supply the Hunan Yuneng plant with nitrogen, an essential element for the manufacture of LFP cathode materials. Why is it important. Because it is one of the largest industrial investments captured by Extremadura and the first plant of this type in Europe, as explains the Junta de Extremadura. This makes Mérida strategic, a reference for the European automobile industry from the moment it is operational. LFP batteries are the key to cheap electric cars: they are more affordable because lithium and iron are cheaper than nickel or cobalt and they are also safer and resist charging cycles better, which makes them more durable. It is true that its energy density is lower than those of NMC chemicals, but due to longevity and cost they are ideal in the entry or medium segment, precisely where Europe needs it most compared to China. Furthermore, producing the cathode material on European soil is almost a necessity by law and a process that opens doors to aid such as Auto+ plan. Context: the lithium triangle. Extremadura has been gaining weight in the electric car supply chain for years. In Navalmoral de la Mata there is already a plant in the oven to produce complete batteries. It was initially intended for NMC batteries, but has pivoted to manufacture LFP accumulators. On the other hand, in the surroundings of Cáceres it is believed that there is one of the largest lithium deposits in Europealthough exploiting it is another story: is paralyzed after the neighborhood opposition and environmental platforms. However, the European Commission has mineral and rare earth exploitation projects in its portfolio. three located in Extremadura of the seven total in the Spanish state. Unblocking it would mean that the region could control extraction, cathode material production and battery assembly, all in the same territory: just what the Critical Raw Materials Act It has been encouraging for years without much success. The manufacturing of electric cars and their parts in Spain speaks Chinese. Chinese brands have understood that the way to avoid European tariffs on vehicles manufactured in China is that they have a shortcut to negotiations with Brussels: produce directly on European soil. Spain, which abstained from voting on those tariffshas become your favorite destination. Yes, but. The structural weak point that we have already reflected but that is worth remembering: the factory will produce lithium iron phosphate, but the lithium it needs to do so will not come from Extremadura, but probably from Australia, Chile or again China. According to the IEA report on critical minerals 2023China controls more than 60% of global lithium refining, so strategic sovereignty is relative. On the other hand, we also have to keep an eye on employment: the experience with other Chinese plants in Europe, such as lfrom CATL in Zaragozahas generated debate about what proportion of the initial qualified personnel comes from the investing country. It’s fine print that should be on the table and resolved before the machinery is operational. In Xataka | MG, BYD, Lynk&Co, Omoda: who’s who of Chinese car manufacturers in Spain In Xataka | China appears to dominate the global market for electric car batteries. He has an obvious Achilles heel Cover | Michael Fousert and Rafa Esteve

The entire global electricity grid, in an impressive interactive map that shows the evolution of the energy transition

by

There are few infrastructures as complex and essential to living in the world as we know it as the electrical grid, which in practice for most mortals is reduced to touching a switch or connecting a plug to the socket and it works. Behind the world’s electrical infrastructure there is a huge conglomerate of equipment, careful planning and uses that are changing (among other things, due to the now so famous data centers). It is not the only thing that is being transformed: the energy transition is making it possible for those resources that once supplied the electrical grid to give way to renewable energies. But not all countries in the world have the same density of electrical networks or the same sources, because in fact there are real black holes in this very complete world map of the electrical network. Is called OpenGridWorks and is an interactive map of the entire world’s electrical infrastructure, from a small solar plant to the great lines that cross continents. And we already told you that it attracts attention not only for the beauty of the chromatic compositions, but also for practical purposes: from planning an engineering project to analyzing energy policy. Opengridworks This map is actually a web platform for geospatial visualization of electrical infrastructure. All its data comes from OpenStreetMap, the world’s largest open, collaborative geographic database, maintained by volunteers and experts on an ongoing basis. This guarantees global coverage, constant updating and completely free access. But for network and infrastructure data it uses information from Global Energy Monitor or the United States Energy Information Administration, among others. Its purpose is to show, in a clear and interactive way, where electricity is generated, how it travels through the grid and where consumption is concentrated. It is worth stopping at the layers and all the information it shows because as we warned you before it is very complete, so if you leave all the options activated you will find yourself in a mess. If you move on the map and get closer, you will be able to see information such as: What technology provides the energy in the form of a colored bubble: blue for hydroelectric, red for thermal, yellow for solar, green for wind and purple for nuclear. The size of each bubble represents the installed capacity in MW Transmission lines are drawn thicker the higher their voltage (from 100 kV to 765 kV) and substations appear as nodes where these lines converge. Data centers also appear in the shape of a white diamond as they are points of intensive consumption. On the other hand, easement strips (ROW) appear as shaded areas around lines and facilities. Opengridworks But you will also be able to see additional information when you hover the pointer over any of the points. An example: when touching the Montes de Cierzo wind farm in Tudela, we will see that it is in operation and the energy it provides. What the global electrical map reveals about the energy transition Playing with the zoom and scrolling you quickly discover that there are areas of saturation and others that are a desert of infrastructure. From an engineering point of view, the map allows you to search for the closest interconnection point for a new project or detect nodes whose failure would leave regions without supply. Beyond engineering, it is an energy policy tool: it highlights the electrification gaps in developing countries, shows the real progress of renewables compared to fossil fuels, and allows the resilience of different national networks to be compared. AND abysmal differences are observed. Opengridworks The densest networks They are concentrated in the United States, central Europe and China, while sub-Saharan Africa and central Asia show very poor coverage that reveals an electrical blackout. In South America, the areas with the most infrastructure are on the Atlantic coast, although there are also some timid points on the Pacific coast. However, inside we barely find more than a fade to black. The colors of energy sources also change on the map, still dominated by thermal generation, although in Western Europe and China the advance of solar and wind power is a reality already perfectly visible. This map also reveals curiosities such as that nuclear plants always appear next to rivers or coasts due to cooling needs and hydroelectric plants are concentrated in the large river systems of the world. The data centers are also not placed at random, but are clustered near large transmission nodes to ensure supply. In Xataka | How much electricity each country on the map produces with renewable energy, displayed on a graph In Xataka | The amount of nuclear energy generated by each country, detailed in this interactive map Cover | OpenGrid Works

While most citizens pay the electricity bill, electricity pays Amancio Ortega: 49.2 million in dividends

by

There are people who pay electricity bill every monthand people who are paid by “the light”. Amancio Ortega belongs, without a doubt, to the second group. The founder of Inditex will earn 49.2 million euros this year in dividends from three energy companies in which it has participation: Enagás, Redeia and the Portuguese REN (National Energy Networks). Despite being a considerable sum in terms of dividends, those 50 million euros seem like pocket change when compared to the amounts of its large business, 3,234 million euros that will receive from Inditex in 2026 for 59% of the shares it controls through its investment instruments Pontegadea and Partler 2006. Redeia: the largest energy check. Ortega’s most profitable participation, in terms of dividends, within the energy sector It is the one that the millionaire maintains in Redeia, the company he manages the Spanish electrical network. Through his company Pontegadea Inversiones, the businessman settled in La Coruñaacquired 5% of the company’s capital in July 2021 for approximately 456 million euros. With this position, it is the second largest shareholder in the company, only behind the State, which owns 20% through SEPI. The Board of Directors of Redeia will propose to the General Meeting the distribution of a dividend of 0.80 euros per share charged to the 2025 results, of which 0.20 euros They were already paid in January and another 0.60 euros are planned as a complementary dividend in July. Taking into account Ortega’s percentage of participation, that means about 21.6 million euros for Pontegadea, the same amount as the previous year. Furthermore, the Redeia’s new strategic plan For the period 2026-2029, it foresees a dividend that the company describes as “growing and sustainable”, to reach 0.87 euros per share in 2029, which represents an annual increase of 2%. In this way, Pontegadea, as representative of Ortegawould receive about 91 million euros over the next four years. The Portuguese bet: REN. Ortega’s other great energy pillar in 2025 has been the Portuguese REN, the Portuguese equivalent of Redeia. Far from settling for its initial position, Pontegadea expanded its participation in REN last yearpurchasing an additional 1.7% until reaching 13.7% of the capital. With that move, Ortega consolidated his role as second largest shareholder of the Portuguese company, only behind the Chinese electricity company State Grid Corporation of China, which controls 25% of the shares. By 2025, the REN Board of Directors proposed distribute among its shareholders a total of 106,750,601.92 euros, which corresponds to a gross dividend of 0.160 euros per share. On this occasion, the payment has been divided into two: a dividend of 0.064 euros per share has already been distributed as an advance at the end of November 2025, while a second payment of 0.096 euros per share is expected after its approval at the general meeting scheduled for April 15, 2026. The part corresponding to Pontegadea for its 13.7% of the capital represents about 14.6 million euros in total, which They add to those of its Spanish counterpart. A commitment to energy diversification: Enagás. The third leg of the energy business of the founder of Inditex is Enagás, the company that manages the natural gas network in Spain. Pontegadea acquired 5% of its capital at the end of 2019, paying 281.63 million euros for that package. Today that participation is valued below the purchase price, but the difference has been compensated through the dividends collected over the years. The gas company maintains his remuneration one euro per share for this year, maintaining the containment plan that began in 2024 and will last until 2027. The dividend will be paid in two payments: one of 0.4 euros that was already paid in December 2025 and another of 0.6 euros scheduled for July 2, 2026, with a total distribution of 157.2 million euros among all its shareholders. Due to its percentage of participation, the part corresponding to Pontegadea exceeds 13 million euros. A long-term strategy. Ortega’s investment in the energy sector is not an opportunistic bet in a sector in times of economic prosperity. It is a strategy that he has been building since 2019, when he joined Enagás, and that was completed in 2021 with the entry into Redeia and REN. To this we must add the alliances that has signed with Repsol to participate in renewable energy portfolios: wind farms in Aragón and Castilla y León, and solar plants in Albacete and Cádiz, among other assets. The Pontegadea model does not consist of investments by distribution companies, but rather in companies that manage infrastructure energy companies, which offer regulated and stable income with recurring dividends year after year. They are not high risk investments nor high speculative volatilitybut in strategic sectors independently of the economic cycle. In Xataka | There is a 50-ton “nuclear reactor” in a bunker in Fuenlabrada: it has been donated by Amancio Ortega Image | Pexels (Jan Kopriva), GTRES

While Europe panics about the price of electricity, in Spain the opposite is happening

by

The ghosts of the energy crisis have once again haunted Europe. As energy expert Alejandro Diego Rosell warnsin just a month of tensions the price of gas (TTF) has skyrocketed more than 90% in March. In most of the continent, this shock translates into an almost automatic increase in the cost of electricity, recalling the “shock” caused by the Ukrainian War four years ago. However, in Spain the unthinkable has happened: the bill has gone down. In short. The electricity bill for customers with the regulated rate (PVPC) has fallen by around 4.8% this month of March compared to the same period last year. The difference with our neighbors is abysmal. While in Italy wholesale electricity is paid at €143/MWh and in Germany it is close to €100/MWh, the Spanish market (pool) closed March with a contained average of €41.5/MWh. How has this been possible? This energy firewall against the geopolitical crisis is not the result of chance, but rather the combination of three fundamental factors: The Government’s fiscal shield: In response to the escalation in the Middle East, the Executive has activated a shock plan. The Official State Gazette (BOE) published Royal Decree-Law 7/2026which recovers the tax cuts from the previous crisis. The VAT on electricity drops to 10%, the electricity tax plummets to 0.5% and the generation tax (IVPEE) is suspended. The muscle of renewables: This is the great structural difference compared to 2022. Alejandro Diego Rosell emphasizes thatSince the start of the Ukrainian war, Spain has added 30 GW of solar energy and more than 3 GW of wind energy to its network. The result is that 65.1% of the electricity consumed this March has come from clean and cheap sources, pushing up electricity prices. pool down. The climatic factor: Nature has also done its part. this winter has been characterized because it was very rainy and windy. This abundance of water and wind has allowed so much energy to be generated that last Sunday the market reached the cheapest hourly price in history: -10 euros per MWh at three in the afternoon. How does it affect the pocket? The combination of low taxes and high renewable generation has meant direct relief for both families and the productive fabric. On the one hand, for an average consumer with a regulated rate, the March bill has stood at 68.10 euroswhich represents a saving of 3.42 euros compared to a year ago, according to comparative data from the CNMC. collected by The Voice of Galicia. For its part, eldiario.es collects estimates from electricity companies which estimate the savings derived solely from tax reductions between 7 euros for small households and up to 20 euros for large families or commercial premises. On the other hand, the most surprising data comes from the large factories. According to the latest Barometer of the AEGE associationthe Spanish electro-intensive industry today pays for electricity at €66.50/MWh, managing to be below the €67.73/MWh paid by the all-powerful German industry for the first time. In sectors where energy accounts for up to 50% of production costs, this surprise represents a vital injection of foreign competitiveness. The small print. To understand the full picture, it is necessary to look beyond the optimistic headlines. The experts consulted by the different media warn of several critical nuances: The hidden cost of “blackout insurance”: Such dependence on renewables has a price, since to guarantee the supply when there is a lack of sun or wind (or when there is excess and the grid cannot support it), Red Eléctrica must turn on gas plants to balance the system. These “technical restrictions” are very expensive and increase the final bill outside the wholesale market. France continues playing in another league: Despite winning the short-term battle against Germany, The Economist remember that we are very far from France. Thanks to its nuclear park, the French industry pays electricity at €32.05/MWh, less than half that of the Spanish industry. Furthermore, Germany compensates for its high market prices by injecting its factories with €38.78/MWh in CO2 aid, compared to the scarce €17.76/MWh allowed by the Spanish budget. The electrical mirage and the threat of summer: Electricity barely represents 20% of the country’s energy consumption. The other 80% (oil and gas for transport and industry) is 100% imported, so Spain remains very exposed to the ups and downs of the Middle East. In addition, Natalia Fabra, professor of Economics, warns that the electrical bargain It has an expiration date: starting at the end of June, the heat will reduce the efficiency of the solar panels, the use of air conditioning will trigger demand and gas prices will once again rise. Resilience facing the crisis. The Third Gulf War has tested Europe’s energy foundations. Spain, unlike what was experienced four years ago, has managed to avoid the first big blow thanks to a cocktail of fiscal intervention and green deployment. As Alejandro Diego Rosell concludesit is true that renewable energies do not magically isolate us from the complex international context, but the data from this month of March leave an undeniable lesson: without them, we would be much worse off. Spain has acquired valuable resilience, but the road to true energy independence is still long. Image | freepik 1 and 2 Xataka | The paradox of the Canary Islands: it is the only autonomous community where the VAT reduction on fuel will not be noticed

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.