Spain has set a target of 22,5 GW of storage capacity by 2030, combining pumped hydro, solar thermal and batteries. Batteries and BESS systems will grow strongly thanks to lower costs, public support and the need for flexibility in renewable-dominated grids. The market is projected to grow at a CAGR of 9. The market growth can be attributed to the rising adoption of renewable energy sources for electricity. . Grid access applications for energy storage reached 37. In its National Integrated Energy and Climate Plan (PNIEC 2023–2030), the Spanish government revised its 2030 storage capacity target to 22.
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