Solar PV cuts Spain’s electricity costs by €17.02 billion over 18 months

Solar PV cuts Spain’s electricity costs by €17.02 billion over 18 months

A study by Spanish solar association UNEF estimates that solar PV generation reduced Spain’s wholesale electricity costs by €17.02 billion ($19.03 billion) between January 2025 and June 2026. Without solar generation, average daily market prices would have been 86% higher, according to the analysis.
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https://www.pv-magazine.com/2026/11/03/solar-pv-cuts-spains-electricity-costs-by-e17-02-billion-over-18-months/