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Iberdrola’s global renewables output up by 6.1% in 9-mo 2023

admin by admin
October 16, 2023
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Iberdrola’s global renewables output up by 6.1% in 9-mo 2023
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Spanish utility Iberdrola SA (BME:IBE) generated 58,742 GWh of electricity from its renewables worldwide during the first nine months of 2023, marking a 6.1% year-on-year increase as the company’s global installed capacity rose.

At the end of September 2023, the group had 41,303 MW of installed capacity from sources such as onshore and offshore wind, solar photovoltaic, hydro and mini-hydro, batteries and fuel cells. In the year-ago period, the installed capacity from these renewables combined was 39,165 MW.

During the January-September period, Iberdrola witnessed a 2.4% decline in the global onshore wind power output, with production from these wind farms falling by double digits in markets such as Spain (-11.4%), the UK (-20.4%) and Mexico (-26.7%). Onshore wind power production rose in the US (+0.3%), Brazil (+26.2%) and markets known as the Rest of the World (+12.7%).

Solar power production rose in Spain (+40.8%), the US (+222.1%) and Mexico (+3.8%). The solar output dropped by 41.7% in the UK, with no data available for Brazil and the Rest of the World markets.

Selected figures from Iberdrola’s provisional January-September energy report follow in the table below:

Technology:January-September 2023 (worldwide total):Installed capacity at end-September 2023:Installed capacity at end-September 2022:
GWhy/y change
Onshore wind32,386-2.4%20,764 MW19,869 MW
Offshore wind3,37210.3%1,618 MW1,258 MW
Hydro17,99614.5%13,046 MW13,849 MW
Mini-hydro315-13.4%244 MW255 MW
Solar4,61555.1%5,420 MW3,723 MW
BatteriesN/AN/A198 MW198 MW
Fuel cells585513 MW13 MW

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