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HomeLatest NewsTeresa Ribera quintupled the use of renewables in the last four years

Teresa Ribera quintupled the use of renewables in the last four years

Date: June 18, 2024 Time: 12:12:31

Renewable energies are the path to decarbonisation and in Spain they already account for more than half of the installed electrical capacity. According to data from Red Eléctrica, the ‘green’ sources of generation (hydraulic, hydroelectric, wind, photovoltaic, solar thermal, renewable waste and other renewables) add up to a power of 71,971 megawatts (MW), which represents 60% of the total national electrical system.

The operator of the electrical system thus foresees that renewable energies will generate half of the electricity this year and much of the ‘fault’ lies with the current Government. Since Pedro Sánchez arrived at La Moncloa in June 2018 and other sources until 2022, according to data from Red Electrica and the Association of Renewable Energy Companies (Appa Renovables). Compared to the years that Rajoy was in charge of the Government, it is 456% more, that is, it means quintupling the 4,853 MW that were installed between 2012 and 2018.

The renewable stoppage during the two previous governments of the Party The objective was to contain the tariff deficit and, consequently, stopped the development of solar and wind plants in its tracks. Premiums for renewables were launched by José Luis Rodríguez Zapatero in 2007 under Royal Decree 661/2007, which guaranteed them, under certain conditions, a 7% return. However, just three years later he began to apply the cuts that were later continued by the PP.

On the other hand, Soria, who ended up working for the British photovoltaic developer Island Green Power, also discovered a Royal Decree on self-consumption that added a backup toll, known as the ‘sun tax’, which the self-consumer had to pay for spending the energy that it generates with its own installation. On his side, with Teresa Ribera at the helm of the Ministry for the Ecological Transition, Spain has established itself as one of the world powers in renewable energy.

“At last this country is rid of the great absurdity that most international observers have scoffed at”

In 2018, the current government put an end to the controversial ‘sun tax’ and introduced a series of measures to promote self-consumption, among which stood out a simplification of procedures such as registration in the administrative registry of electricity production facilities for those with a power not exceeding 100 kilowatts (kW) and the right to shared self-consumption. “Finally this country is rid of the great absurdity that most international observers have mocked,” Ribera celebrated in his day. At the end of 2022, more than 298,000 homes and 54,000 installations in companies generated the equivalent of 1.8% of the national electricity demand from their rooftops, according to the I Annual Report on Photovoltaic Self-Consumption of Appa Renovables. In total, in 2022, 2,649 MW of self-consumption were installed in Spain: 1,024 MW in homes and 1,625 MW in companies.

The Self-Consumption Roadmap approved by the Government in December 2021 provides for a “target scenario” of 9 GW by 2030 and another for “high penetration” of 14 gigawatts. The explosion caused by renewables and the current energy crisis has made it necessary to prepare an update of the document with more ambitious goals, in line with the increase in the climate objectives approved at the level of the European Union (EU) for 2030. On the other hand, The ministry has also created a specific division to unblock the processing of renewable projects, after the mess that arose with the Environmental Impact Statements (DIA).

Expand renewable milestones

In this sense, it is considering extending the deadlines for the milestones for the development of renewable projects, which have until July 25 to obtain administrative construction authorization. However, as this medium published at the end of January, the complicated part will focus on the final administrative authorization for exploitation. This can be extended until June 25, 2025 at the latest and the sector will warn that this is where the “real bottleneck” will occur.

The same sources explain that Red Eléctrica currently takes between five and six months to grant the exploitation authorization, so the photovoltaic and wind farms must already be built by the end of 2024 to enter the deadline. This last requirement is the one that allows, once the project has been executed, to put the facilities under tension and proceed to their exploitation. The period necessary for the construction of a photovoltaic installation is around 18 months, while for a wind installation it increases to 24 months.

Despite the fact that the private sector has been denouncing legal uncertainty and regulatory instability, the latest report Renewable Energy Country Attraction Index (Recai) maintains Spain as the eighth most attractive country in the world to invest in renewables, behind the United States, Germany, China, UK, France, India and Australia. In addition, Spain was the European country where the most energy purchase and sale agreements were closed last year. Specifically, 31 PPA (Power Purchase Agreement) contracts were signed for a value of 3.2 GW of renewable capacity, according to the European PPA Market Outlook 2023 report carried out by Pexapark.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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