The renewable energy sector is in a real “boom” caused by the recent cost increases in electricity bills. And the proof of this is the real avalanche of self-consumption projects that the Valencian Institute for Business Competitiveness (Ivace) receives from companies. They will force you to inject another 16 million euros for subsidies and increase the budget to 92 million.. Approximately 2,600 applications have been submitted in the province of Alicante since the end of 2021, and 460 have received assistance to date.
According to the information provided by the Department of Innovation, Industry, Trade and Tourism, Specifically, Ivace received 2,593 projects from Alicante companies; 2,414 of these are for the operation of electricity self-consumption facilities with renewable energies.especially with photovoltaic solar energy. The remaining 179 projects are for accumulators. The commissioning of all these facilities will provide 210 megawatts of power.
From the total number of projects submitted, To date, Ivace has donated 10 million euros to support 463 projects. The investment made by the companies will almost quadruple to 38 million euros and it is planned to provide an installed power of over 50 megawatts. 282 of these projects correspond to companies linked to the service sector, and the rest correspond to other productive sectors.
Councilor Nuria Montes emphasized the Generalitat’s determination to promote self-consumption of renewable energies in the productive fabric of Alicante “to the maximum level” and He underlined the growing interest of companies in the province of Alicante In addition, “there is tremendous potential as it is one of the regions with the highest radiation and sunshine hours in Spain,” he says. According to the head of innovation, “It is very important to reverse the current situation and lead the application of renewable energies, especially those for which we have abundant resources, such as solar energy.”
However, for this to be possible, more efforts are also needed in terms of financing, which the Generalitat is gradually implementing. The initial budget for this subsidy program amounted to 31.18 million euros, and Ivace has already targeted an initial increase of 44.46 million, leaving the total amount at 75.64 million euros.. However, given the constant flow of new applications, the organization itself has requested the Institute for Energy Conservation and Diversification (IDAE). A new increase of 16 million in the budget allocated to the Valencian Communitywith. “The aim is to support the maximum number of applications,” he told Energy and Mining General Manager Manuel Argüelles.
These incentives are part of the Next Generation funds managed by Ivace and more specifically in the program to promote the implementation of self-consumption installations with renewable energy sources both in the services sector and in other productive sectors of the Community, the duration of which will be open until the 31st of this month.
Beneficiaries
Individuals and groups of companies carrying out economic activities, including managers of industrial sites, operating companies, tenants or concessionaires of activities in the field of energy and energy service companies (ESEs), can access this programme. Renewable energy communities can also benefit from these grants.
The amount of aid depends on both the beneficiary and the type, power and technology of the project. Based on all this, The aid percentage for self-consumption projects offered can vary between 15% and 50%.. If the facility also has storage systems, it can reach 65%.
Measures to speed up the process
As with the authorization of solar power plant projects, the Ministry of Innovation, Industry, Trade and Tourism is taking measures to speed up processing in the case of self-consumption facilities, in the case of this assistance. The regional department is introducing digitalization mechanisms while also working on agreements with professional associations to assist the process.
Source: Informacion
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