Iberdrola's global renewables output down 4.9% in Q1 2022

Iberdrola solar farm. Image by Iberdrola (www.iberdrola.com)

April 14 (Renewables Now) - Spanish utility Iberdrola SA (BME:IBE) generated 21,689 GWh of electricity from its renewables worldwide in the first quarter of 2022, which represented a 4.9% reduction in total green power output compared to January-March 2021.

According to Iberdrola’s preliminary figures for the quarter, the home market of Spain was the only one with lower production levels in year-on-year terms.

The renewables power output in Spain dropped by 38.5% on the year to 6,260 GWh due to a production decline from onshore wind farms and small and large hydroelectric plants during this year's first quarter. Iberdrola’s hydro reservoir levels in Spain were at 36.4% at the end of March.

At the same time, the utility's solar farms at home were able to produce 382 GWh, up by 117.6% year-on-year.

Renewables performed better in all other Iberdrola’s markets -- the UK (+20.6%), the US (+7.8%), Mexico (+6.1%), Brazil (+49.4%) and the Iberdrola Energia Internacional markets, formerly the Rest of the World (+13.9%).

Between March 2022 and March 2021, Iberdrola increased its global installed renewable energy capacity by 9.1% to 38.305 MW.

Selected figures from Iberdrola’s preliminary electricity report are presented in the table below:

Technology: January - March 2022 (worldwide total) Installed capacity at end-March 2022 Installed capacity at end-March 2021
GWh y/y change
Onshore wind 12,121 6.6% 19,447 MW 18,547 MW
Offshore wind 1,395 -0.9% 1,258 MW 1,258 MW
Hydro 7,230 -21.9% 13,849 MW 12,864 MW
Mini-hydro 112 -43.8% 284 MW 296 MW
Solar 795 48.8% 3,261 MW 2,042 MW
Batteries N.A. N.A. 193 MW 82 MW

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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