The Spanish electric utility Iberdrola has said that it will replace its last two coal-fired power plants, with a combined capacity of 550MW, with wind and solar power. Ignacio Galan, Group Chairman for Iberdrola, has announced the new renewable energy projects which will replace the two coal-fired plants, currently scheduled to be decommissioned in 2020.
The replacement plan includes the installation of 420MW of new wind and solar in Velilla in the province of Palencia, and 130MW of onshore wind in Lada, Asturias. These are scheduled to be brought online in 2022, and will result in 80 per cent of Iberdrola’s installed capacity in 2022 being emission free.
Iberdrola has already announced plans to install up to 3000MW of new renewable energy capacity by 2022, and a total of 10,000MW by 2030.