On 28 April, Spain and Portugal experienced an unprecedented event. At midday, a blackout struck, leaving the entire Iberian Peninsula without electricity. The first measures were taken to restore service, but it took several days for it to be fully restored throughout the country. Investigations are still underway to determine the causes and those responsible, although there is no denying that the operation of an electrical system is too complex to be able to unravel what actually happened, beyond the hypotheses that are circulating. On the other hand, for the average citizen who is not involved in the electricity sector, knowing how this system works can be complex and even unknown. In this first part, I will describe the current structure of the Spanish electricity system: generation, transmission and distribution; and in the second part, next week, I will present an analysis, taking into account the opinions of experts on the blackout and the conditions of the system, as well as an...
Energy is essential for economic development and its evolution is highly dynamic nowadays. I would like to share my thoughts an analysis about the energy market, addressing issues related to fossil and renewables energies, energy transition and carbon emission reduction, as well as, economic and geopolitical aspects. I am aimed to provide some understandings about the energy sector, its trends and contribute to design strategies for market players.