The Spanish government has authorized the construction of nearly 300 clean energy projects with a capacity of more than 28 gigawatts
, representing a combined investment worth over 17 billion euros $18.4 billion. The projects are part of the country’s goal to raise the share of renewables in its energy mix to 81% of the total by 2030, up from about 50% now. Spain has set some of the ambitious clean energy targets in Europe. Last year, Spain reaffirmed its goal to close all its nuclear plants by 2035, with the management of radioactive waste and dismantling of the plants estimated to cost 20.2 billion euros $22.
Meanwhile, German and Japanese citizens have become more receptive to nuclear power. Spain was the second European country after Italy to withdraw from the Energy Charter Treaty over the protection of fossil fuel investments. The ECT is a European energy treaty created in 1998 to offer protection to companies investing in the energy industry and secure energy supply in the region.
Renewables Energy Power Generation Investment
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