The Spanish Council of Ministers has authorised the tender for the construction works of a new electrical substation in the Port of València for an estimated value of €14.5 million ($15.82 million).
This contract will reportedly establish the first substation of its kind at the Port of Valencia (PAV), enabling the connection of the Port Authority’s power network to the high-voltage distribution grid, particularly at the 132 kilovolt (kV) level.
The 132/20kV substation aims to ensure optimal energy supply conditions for the Port of Valencia, catering to increased energy demands resulting from plans to electrify ships docked in the port. This initiative aims to reduce atmospheric emissions and noise pollution within the port area.
READ: Port of Valencia witnesses export freight rates rise in December
The substation is set to accommodate the increasing demand for electrical energy effectively, alongside the utilisation of renewable energy sources, notably solar photovoltaic.
According to the port, this development will ensure fulfilment of the rising energy demands while advancing the Port Authority of València’s roadmap towards achieving its ambitious goal of zero emissions by 2030.
Late last year, the PAV reported an increase in export freight rates, with a 0.9 per cent increase compared to the previous month.
More recently, export freight prices from the PAV increased for the third consecutive month in January 2024, totalling 43.53 per cent.
