Endesa will go to break in the energy node Andorra. The company will offer a guarantee of 227m euros on November 3, the proposal they will take to the ministry the same day to adapt the winning project of the first Just Transition competition in Spain. thermal with renewable energies.
The company won the tender by bidding for 953 megawatts, with 249 still vacant. However, one of the contest’s items encoded the minimum installed power for a company to manage a 250 megawatt project in Andorra. Therefore, Endesa had 10 working days from award to adapt or resign your project. Of course, they will change the proposal, although this period has expired on Monday, October 24, but without the document on the Ministry’s desk. Ecological Transitionwhich gave them an extension until next November 3rd.
On the same day, the company will have to offer 227 million guarantees to commit to 1,202 megawatts. 174 million warrants were required for the 953 MW bid. In this way, the Ministry will ensure that Endesa keeps its word and carries out the energy transition project.
In this way, Endesa will increase its investment in the Mine Basins, which was initially estimated as 1,200 million Euros, but will not detail how much the increase will be. In any case, the company has announced that its program envisions building five solar and five wind farms. battery storage system, this will make it possible to make the most of renewable generation.
will also upload an electrolyzer this will allow to manage the surpluses for green hydrogen production. In this sense, Endesa’s already stated that it is “cooperating” with local companies in the component manufacturing industries With all this, it aims to create 300 permanent jobs in the renewable value chain in hydrogen.
Judge the process?
A question keeps coming about the prize of the competition in Andorra. Endesa’s monopoly on the operation of the node surprised the other candidates who were out of the game, A total of 11 projects submitted by ten different operators. Two, Forestalia and Térvalis, with an Aragon brand.
The fact is, sources close to the contest believe that the process for possible appeals and lawsuits of one or more applicants participating in the call can be prosecuted, From Iberdrola to Acciona.
Little was known at the time, as companies did not take any steps in this direction. However, the fact that 1,202 megawatts were given to the company that operates the thermal power plant in Andorra raised some doubts. We will have to wait to see how the Andorran knot will be untied.