The European Union has set ambitious decarbonization targets, with Spain aiming to become a leader in the energy transition. Spain's natural endowments, including abundant sunny days and renewables capacity, position it well for decarbonization. However, challenges like slow EV adoption, grid constraints, and regulatory uncertainties persist. Electrification is highlighted as a cost-effective way to decarbonize, with Spain expected to experience a significant increase in power demand by 2030. The country's industrial decarbonization efforts, EV adoption strategies, and building electrification plans are crucial components of its energy transition. Despite hurdles, Spain has the potential to leverage its strengths and overcome challenges to drive sustainable growth and competitiveness in the energy sector.