Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How a Remote Island Turned Diesel Dependency Into Renewable Productivity
El Hierro, the smallest of Spain's Canary Islands, used to import all its energy as diesel shipped across the Atlantic. Then it built a hydro-wind hybrid system that now covers over 60 percent of its electricity demand. This episode unpacks how the island's Gorona del Viento project — a pumped-storage hydro plant paired with five wind turbines — turned an energy-cost crisis into a productivity win for the local economy. We dig into the numbers: the 11.5 megawatt wind farm, the 150-meter elevation difference for the reservoir, the 23 million euro investment, and the 4,000 jobs the…
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