Present and Future of Spanish Industry – Natalia Fabra
Energy costs are a key factor in industrial competitiveness: Spanish Electro-intensive industries face higher electricity prices than competitors in France or Germany, undermining competitiveness, jobs, and exports. A smarter electricity market design and long-term contracts are essential to bring electricity prices closer to actual costs.
Decarbonization as an opportunity: The energy transition can become a growth engine for Spanish industry — reducing costs, boosting competitiveness, and creating jobs in new and growing sectors such as solar PV, batteries, and hydrogen, with strong export potential.
A call for industrial policy: To fully capture these opportunities, Spain needs stable and competitive energy prices, investment in R&D and skills, and clear policies linking climate goals with industrial innovation and financing.
