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Spain must reduce its energy consumption by 23% and achieve 100% renewable energy in electricity generation by 2030. This paper presents the current energy scenario en Spain, and the outlooks for different renewable options, with special focus on photovoltaic (PV) solar energy. In 2012, Spain was the number two European country in terms of installed rewnewable energy power. Solar PV technology has the potential to meet Spain's future energy demand and its associated environmental challenges. This paper gives a review of solar energy economy at global scale for both PV and thermal power technologies. The Spanish energy scenario shows actual trends and progress made by solar power. Economic concepts of levelised cost of electricity and grid parity are presented. The financial analysis shows that PV electricity achieves grid parity at a plant profitability rate up to 7.26%. [ABSTRACT FROM AUTHOR]

Abstract: Solar thermal electricity technologies are attractive alternatives to produce electricity by means of a renewable source. One of these technologies is parabolic trough collectors. In Spain, the sale of solar electricity to the national grid is primed. There are three main parameters that affect the behaviour of these plants: area of solar collector field, capacity of thermal storage tanks and power of the auxiliary system. In this paper, a simplified model of the plant is used to optimize the size of its components that produces the maximum yearly profit. The use of traditional methods of optimization is not possible and genetic algorithms have been used. An important feature of the model is that the minimum level of the electricity production of the block of power can be fixed. Once the optimization has been performed, the traditional parameters that characterize the dimension of the plant are analysed (the solar multiple and the capacity factor). For a gross power of 50 MW, the optimum collector area varies between 583,000 m2 and 749,860 m2 with a thermal storage between 6.55 h and 13.46 h respectively. The economic benefit is always higher than 19.30 M€ per year and the cost of the electricity produced is about 18.5 c€/kWh. [Copyright &y& Elsevier]