Renewable infrastructure company Field Energy has announced the opening of its first office in Spain in Barcelona. Infrastructure expert Toni Martínez, who was appointed General Manager in 2023 to oversee the British company's Spanish operations, will be in charge of creating the team that will accompany him in this new phase.

The new opening will cover the development of hundreds of megawatts of large-scale battery projects until 2030. This expansion comes as Field has surpassed 4.5 GWh of projects in advanced stages of development across Europe. Battery storage has become an interesting niche for investors in Spain, which aims to cover 81% of its electricity needs with renewable energy by the end of this decade.

Improving energy security
The development of battery storage projects will create an environmentally friendly and flexible grid that will improve energy security by reducing the system's dependence on sunshine and wind to produce sustainable energy. One of the obstacles that renewable sources are encountering is precisely the price of electricity, which is increasingly falling to zero or negative levels.

Faced with the uncertainty that such prices can create for investors, battery storage enables electricity to be produced without fear of surpluses and stored to balance supply and demand by feeding it into the grid during off-peak hours.

Ensuring network stability
Field Spain general manager Toni Martinez explained, "We are seeing an increase in renewable energy generation in Spain as we make significant progress towards fulfilling our decarbonisation strategy. However, the frequent occurrence of negative prices in the Spanish electricity market indicates an excess of renewable generation and underlines the need for storage to balance supply and demand, helping to manage intermittency and ensure grid stability."

Field's chief executive, Amit Gudka, said, "Without battery storage, renewable energy cannot scale up at the pace the world needs to decarbonise. With the right policy and regulation, our batteries will not only balance supply and demand across the grid, but will further leverage the existing transmission infrastructure and renewable energy supplies we already have in place.

^{Photo: Field Energy}