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    BBVA Research Publications

    Renewable energies latest publications

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    February 14, 2025

    Spain | Reaping the Benefits of Renewable Energy in the Spanish Economy

    This study investigates how much the growing penetration of low-marginal-cost renewables contributes to lowering prices, and whether a ‘merit-order effect’ could limit the further expansion of renewable energy in Spain.

    April 22, 2024

    Europe | Electricity bills fall, but less than wholesale prices

    Retail electricity prices are adjusted in response to fluctuations in wholesale markets, shaped by the regulatory policies of each country and, where relevant, consumer willingness to pay a premium to mitigate price volatility.

    April 8, 2024

    Europe | Silent revolution: electricity prices are dropping

    Lower gas prices, reduced demand and an increased use of renewable energies are the key factors driving a reduction in wholesale electricity prices across Europe. Futures contracts are pointing towards a stabilization of prices in the medium term.

    May 3, 2022

    Global | Climate change mitigation: emergency in the middle of a disaster

    The disaster resulting from Russia's invasion of Ukraine has diverted much of the attention away from the latest report by the Intergovernmental Panel on Climate Change (IPCC), but we need to take notice of it — not least because its conclusions are not particularly favorable.