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Alua Village
Jesús Boccio May 21, 2024 3:47:23 PM CEST 3 min read

Self-Consumption in Spain: Beyond Prices, Towards Energy Sovereignty

In April, the electricity market in Spain recorded a historic low of €13.3/MWh. This figure might lead some to question the profitability of investing in self-consumption. However, Enrique Albiol, Director of Distributed Generation, argues that self-consumption is a crucial long-term strategy for achieving energy independence and economic stability, regardless of price fluctuations. According to Albiol, "With the installation of self-consumption projects, we invest in security and confidence, promoting a decarbonization process and reducing dependence on external factors."

Spanish companies face unpredictable electric bills and significant uncertainty in the energy market. In this context, self-consumption emerges as a solution that allows companies to take control of their energy, ensuring greater stability. Albiol states, "Self-consumption provides the necessary stability and security in times of uncertainty. Generating your own energy not only protects you from market fluctuations but also ensures a constant and reliable source of electricity for your business."

Interest in self-consumption has grown significantly in recent years, thanks to technological advances, favorable regulations, and increasing environmental awareness. Technological advances have made the installation of solar panels more accessible and efficient. "Thanks to these advances, self-consumption has become a viable option for many companies, regardless of their size," says Albiol.

Regulation has also played a crucial role in promoting self-consumption. Government policies are removing barriers and offering incentives, making the implementation of self-consumption projects more attractive. Additionally, environmental awareness has increased, and many companies seek to reduce their carbon footprint and align with the UN's Sustainable Development Goals. "Favorable government policies and increasing environmental awareness are driving more companies to consider self-consumption as a viable option," adds Albiol.

Self-consumption provides the necessary stability and security in times of uncertainty. Generating your own energy not only protects you from market fluctuations but also ensures a constant and reliable source of electricity for your business.

E. Albiol

Despite low electricity market prices, focusing solely on energy cost is a short-term view. Self-consumption offers the opportunity to achieve greater energy independence, freeing companies from market fluctuations and external suppliers. "Self-consumption allows companies to fix part of their energy costs in the long term, minimizing future price increases and providing greater predictability in their energy expenses," emphasizes Albiol.

Self-consumption not only provides stability and cost control but also represents a strategic investment. Self-consumption installations can increase property value and improve the competitiveness of companies. Furthermore, they significantly contribute to environmental sustainability, helping to reduce greenhouse gas emissions. "Generating renewable energy decreases dependence on fossil fuels and demonstrates a firm commitment to sustainability, enhancing the corporate image of the company," comments Albiol.

Adopting self-consumption is a crucial step towards a cleaner and more sustainable future. By reducing CO2 emissions and other pollutants, companies not only improve their environmental impact but also meet the growing expectations of consumers and stakeholders regarding corporate responsibility. "Commitment to self-consumption is a clear indicator of leadership in sustainability and innovation," affirms Albiol. "Companies that adopt self-consumption not only protect their business by improving competitiveness but also lead the way towards a more sustainable future."

Alua Village - Hotel with Self-consumption installation

Self-consumption project developed, designed and built by Bluetree Group in a hotel in Fuerteventura.

Self-consumption in the commercial and industrial sector in Spain is not just a solution for cheap energy but an integral strategy for achieving energy sovereignty and a strong commitment to environmental sustainability. Companies that invest in self-consumption are investing in a cleaner, safer, and more prosperous future. Enrique Albiol and his distributed generation team are ready to help companies take the first steps towards self-consumption. With their experience and dedication, they can guide companies through an effective and sustainable energy transition.

Interested in learning more? Contact us to receive more information and take the first step towards an independent and clean energy future.

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Jesús Boccio

Jesús focuses on crafting innovative solutions and services that empower our partners to thrive across diverse global landscapes, embodying our group's commitment to accelerate renewable energies and a more sustainable future together.