Updated on Wednesday, September 15, 2021 – 18:25
They recognize that it was necessary to do something, but they feel singled out and harmed by the package presented by the Government
Elico Park of Esteras de Medinacelli.Antonio Heredia WORLD
The Elica Business Association (AEE) has expressed its concern about the measures approved by the Council of Ministers to stop the rise in electricity. According to a statement, they may have an adverse impact on the wind sector.
As explained in this document, 21% of the Spanish wind farm will be negatively affected by the new measures approved by the Government. The Royal Decree, they denounce, “focuses on a part of what constitutes the reality of the electricity market: the spot market.” Thus, it does not take into consideration “the implications in other market environments, which coexist with the spot market, such as term markets with hedges, etc.”
Thus, the Government’s proposal “affects projects with PPAs already signed in price ranges well below current and forecasted spot prices, which may be forced to temporarily stop in the autumn and winter months, when the wind generation cause prices to drop substantially at certain times of the day. “
“The RDL does not distinguish between the reality of the income obtained by each of the technologies in the mix, applying a reduction in income in a ‘flat’ way to all the non-inframarginal non-emitting technologies,” they continue. And they add that “the wind is the most efficient technology to reduce the price of electricity”, but will be affected “with greater impact” by the measures.
Gas demands “fair treatment”
For its part, the Spanish Gas Association, SEDIGAS, claims a “fair and similar treatment for gas with respect to other sources of energy” in another statement.
The organization “shares” that some of the extraordinary measures announced by the Executive “were necessary to temporarily protect the most vulnerable energy consumers.” However, they consider that the Government should use “the same criteria for all energies when protecting vulnerable consumers.”
Thus, it is “dissatisfied with the non-reduction of taxation that affects gas consumers and demands similar treatment.” In his opinion, “the most appropriate” would be that gas and other forms of energy that have also been affected “by this extraordinary price situation” would also benefit from the tax reduction, both VAT and the Special Tax on Hydrocarbons. (IEH), “thus guaranteeing a fair and balanced treatment with respect to that granted to electricity.”
According to the criteria of
The Trust Project Learn more