4 FAQs about Madrid energy independence

What are the opportunities for energy independence in Spain?

The various opportunities for increasing energy independence in Spain include the following: Energy security and stability: reducing dependence on imported fuels decreases exposure to price volatility and supply crises,improving energy security and allowing companies to plan for the long term.

Why is Madrid a good place to work in the energy sector?

The Community of Madrid is a key place for companies in the Energy sector in Spain. The region concentrates 26% of employment in the sector at the national level and 5.2% in Europe.

How much energy does Spain rely on other countries?

In 2023, Spain recorded an energy dependency rate of 68%. This means that more than two thirds of the energy we consume depends on other countries. In an increasingly uncertain international climate, this external dependence poses a strategic vulnerability for the country.

What is the Energy Foundation of the community of Madrid?

In addition, the Energy Foundation of the Community of Madrid is a non-profit organization contributing to the development of regional energy policy, promoting the optimal management of energy resources, the rational use of energy, energy savings and efficiency.

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