The evolution of the Spanish energy system in the context of energy security: Current trends, future developments

Abstract

Purpose: The aim of this chapter is to examine the main challenges that the Spanish energy system is facing in the context of energy security regarding the reduction in dependence toward foreign sources of energy and the development of a sustainable strategy with a view to suggest recommendations regarding the design of future energy policies. Design/Methodology/Approach: This chapter provides an analytical overview of the evolution of the Spanish energy system during the last decade. It also presents the results of a prospective analysis of the evolution of the Spanish energy system until 2030. The findings are presented and classified according to sources of energy, role of governmental policies, and their impact on the dependency of Spain on foreign sources. The data for this study was collected from a wide variety of sources: research reports, regulations, European Union documents, position papers, press reports about the energy policy in Spain, and companies' documents-i.e., annual reports and other public documentary sources. Findings: The findings reveal the presence of changes in the importance over time of different sources of energy in Spain. The overview of different scenarios highlights the role of state regulation in the evolution of the Spanish energy system in regard to foreign dependency and the achievement of a better path toward energy security and sustainability in the future. Practical Implications: The analysis of the Spanish energy sector highlights the presence of policy shortcomings in regard to dependence on foreign sources of energy and its consequences for energy security as well as the sustainable character of the Spanish energy system. This chapter provides insights on the trade-offs confronted by domestic policymakers that represent a starting point for further research. Originality/Value: This chapter provides a comprehensive overview that illustrates the characteristics of the different components of the energy sector in Spain. It generates suggestions regarding the problems that the Spanish energy model must confront to satisfy current needs without compromising options for future generations in energy security. The analysis presented in this chapter could be used for exploring alternative views in the current public policy debates on energy policy and security in Spain. © Springer-Verlag London 2013.