Red Eléctrica, the Redeia company responsible for the transmission and operation of the Spanish electricity system (TSO), has awarded ABB four orders for synchronous condensers (also known as synchronous compensators or SC) to strengthen the electricity grid, increase the quality of supply and boost the energy transition of the Canary and Balearic Islands.
The integrated solution, which also includes electrical and automation equipment, will play a role in maintaining the stability, reliability and continuity of island grids as they integrate increasing levels of renewable energy to meet Spain’s energy-transition goals. The order was booked in first quarter 2024. Financial details were not disclosed.
The project is part of the Network Development Plan 2021–2026, the execution of which will allow the integration of 67 percent of renewable energy into the generation mix, advancing the objectives of Spain’s 2021–2030 Integrated National Energy and Climate Plan (