Europe, including Spain, has experienced a deindustrialization wave and overall loss of competitiveness in recent decades. The energy transition, however, presents a real opportunity to reignite growth and reindustrialize the economy, and Spain is well positioned to become a “speedboat,” leading the way within Europe’s economic plan.
This transformation is long and complex, with significant stakes—it could potentially boost GDP by approximately 10 percent by 2030 and create thousands of skilled jobs. But progress can often get lost in political and media coverage, making it difficult to track. To address this, we have created the IETI Index, part of the Industry and Energy Transition Initiative in Iberia, to monitor progress and initiate meaningful discussions on accelerating Spain’s energy transition and reindustrialization. Every six months, we will release a new publication focused on 14 key indicators and expert insights (see more about the methodology here).