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The Government of the Canary Islands has set a target of 45% of its electricity demand coming from renewable sources by 2025. Investments in the last year have allowed 30% of the total energy consumed in the Canary Islands to come from renewable sources, with Tenerife contributing almost 40% of this generation through advances in efficiency, improvements in the transport network, energy storage systems and interconnections between islands to strengthen the current networks.
The islands have a very high availability of alternative energy sources, an adequate fiscal framework for this type of development and a high scientific-technical qualification with resources such as the Institute of Technology and Renewable Energies (ITER) and The Technological Institute of the Canary Islands (ITC) guarantors of knowledge and experience in the sector.
Promoted by the Island Council of Tenerife, ITER was created with the aim of promoting sustainable development and innovation. It is currently a benchmark international research centre in renewable energies, engineering, telecommunications and the environment. The ITC is a public company, created by the Government of the Canary Islands in 1992 and attached to the Ministry of Economy, Industry, Trade to implement public policies based on the promotion of research, development and innovation.
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